Recap: Children's Place Q2 Earnings

Children's Place PLCE reported its Q2 earnings results on Wednesday, August 17, 2022 at 07:00 AM.

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

Earnings

Children's Place posted an EPS of $-0.89.

Revenue was down $32.97 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.41 which was followed by a 4.38% drop in the share price the next day.

Here's a look at Children's Place's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Children's Place management provided guidance for FY 2022, expecting earnings between $7.0 and $7.0 per share.

To track all earnings releases for Children's Place visit their earnings calendar here.

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