Earnings Preview: Children's Place
Portfolio Pulse from Benzinga Insights
Children's Place (NASDAQ:PLCE) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-2.13. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $25.87, down 47.77% over the last 52-week period.
August 16, 2023 | 6:00 pm
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NEGATIVE IMPACT
Children's Place is expected to report an EPS of $-2.13. The company's history of missing EPS estimates and subsequent share price drops could potentially impact the stock negatively.
Children's Place has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given the analysts' estimate of an EPS of $-2.13, there is a potential for a negative impact on the stock if the company fails to meet or exceed this estimate.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100