Recap: Citi Trends Q1 Earnings

Citi Trends CTRN reported its Q1 earnings results on Tuesday, May 24, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

Citi Trends beat estimated earnings by 23.53%, reporting an EPS of $0.42 versus an estimate of $0.34.

Revenue was down $77.17 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 2.65% increase in the share price the next day.

Here's a look at Citi Trends's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.12	0.45	0.43	2.90
EPS Actual	1.16	1.03	1.36	3.23
Revenue Estimate	250.54M	220.67M	227.21M	277.00M
Revenue Actual	240.97M	227.96M	237.28M	285.38M

To track all earnings releases for Citi Trends visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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