CORRECTION: Children's Place Q3 Adj $3.22 Misses $3.56 Estimate, Sales $480.23M Beat $471.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Children's Place reported Q3 adjusted earnings of $3.22 per share, missing the $3.56 estimate. However, their sales of $480.23M exceeded the $471.82M estimate.
November 16, 2023 | 1:06 pm
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NEUTRAL IMPACT
Children's Place Q3 adjusted EPS of $3.22 fell short of the $3.56 estimate, but sales of $480.23M beat the $471.82M forecast.
The earnings miss may negatively impact investor sentiment, but the sales beat could offset this by indicating stronger revenue performance. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100