Published on 17 Nov 2022 on Zacks via Yahoo Finance
The Children's Place (PLCE) Q3 Earnings Miss Estimates
The Children's Place (PLCE) came out with quarterly earnings of $3.33 per share, missing the Zacks Consensus Estimate of $3.97 per share. This compares to earnings of $5.43 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -16.12%. A quarter ago, it was expected that this children's clothing and accessories chain would post earnings of $0.68 per share when it actually produced a loss of $0.89, delivering a surprise of -230.88%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.