Citi Trends CTRN will release its quarterly earnings report on Tuesday, 2024-12-03. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Citi Trends to report an earnings per share (EPS) of $-0.79.
Anticipation surrounds Citi Trends's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
The company's EPS missed by $1.42 in the last quarter, leading to a 6.04% drop in the share price on the following day.
Here's a look at Citi Trends's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.52 | -0.35 | 0.79 | |
| EPS Actual | -1.94 | -0.32 | 0.53 | -0.56 |
| Price Change % | -6.0% | -1.0% | -1.0% | -0.0% |
Tracking Citi Trends's Stock Performance
Shares of Citi Trends were trading at $19.95 as of November 28. Over the last 52-week period, shares are down 17.53%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Citi Trends visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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