Recap: Torrid Holdings Q3 Earnings
Portfolio Pulse from Benzinga Insights
Torrid Holdings (NYSE:CURV) reported Q3 earnings with an EPS of $-0.03, beating estimates by 40% but with a revenue decrease of $14.63 million YoY. Last quarter's EPS miss led to a 24.09% share price drop the following day. Historical earnings and revenue figures were also provided for comparison.
December 07, 2023 | 9:25 pm
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Torrid Holdings reported a better-than-expected Q3 EPS, but with lower revenue compared to last year. Previous earnings miss had a significant negative impact on the stock price.
While the EPS beat could be seen as positive, the decrease in revenue and the historical stock price drop following last quarter's earnings miss suggest a cautious outlook. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100