Children's Place Sees FY23 Revenue Of $1.575B - $1590B Vs. $1.65B Est; Adj EPS Of $1.00 - $1.50 Vs. $2.34 Est.
Portfolio Pulse from Benzinga Newsdesk
Children's Place forecasts FY23 revenue of $1.575B-$1.59B, lower than the estimated $1.65B, and adjusted EPS of $1.00-$1.50, below the $2.34 estimate.
May 24, 2023 | 11:07 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Children's Place's lower FY23 revenue and adjusted EPS projections may negatively impact its stock price.
Children's Place's lower-than-expected FY23 revenue and adjusted EPS projections indicate potential challenges in the company's growth and profitability. This may lead to a negative impact on its stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100