Earnings Outlook For Citi Trends
Portfolio Pulse from Benzinga Insights
Citi Trends (NASDAQ:CTRN) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $-0.97. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $22.08, down 28.0% over the last 52-week period.
August 21, 2023 | 3:00 pm
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Citi Trends is expected to report an EPS of $-0.97 in its upcoming earnings report. The company's history of missing EPS estimates and subsequent share price drops could potentially impact the stock negatively.
Citi Trends has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given this trend and the negative EPS estimate for the upcoming report, it's likely that the stock could be negatively impacted in the short term.
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