Tilly's Q2 EPS $(0.04) Beats $(0.20) Estimate, Sales $159.95M Beat $150.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tilly's (NYSE:TLYS) reported Q2 losses of $(0.04) per share, beating the analyst consensus estimate of $(0.20) by 80 percent. This is a 130.77 percent decrease over earnings of $0.13 per share from the same period last year. The company also reported quarterly sales of $159.95 million, beating the analyst consensus estimate of $150.91 million by 5.99 percent, but a 4.97 percent decrease over sales of $168.31 million the same period last year.
August 31, 2023 | 8:06 pm
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Tilly's Q2 results beat analyst estimates, but represent a decrease from the same period last year. This mixed result could lead to uncertain short-term price movements.
Tilly's reported better than expected Q2 results, which is generally a positive signal for the stock. However, the year-on-year decrease in both earnings and sales could be a cause for concern among investors, potentially leading to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100