Citi Trends Inc reports results for the quarter ended January 31 - Earnings Summary

Reuters
03-18
  • Citi Trends Inc CTRN.OQ reported a quarterly adjusted loss of $1.54​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of two analysts for the quarter was for earnings of 18 cents per share.

  • Revenue fell 1.9% to $211.17 million from a year ago; analysts expected $211.54 million.

  • Citi Trends Inc's reported EPS for the quarter was a loss of $1.71​.

  • The company reported a quarterly loss of $14.18 million.

  • Citi Trends Inc shares had fallen by 17.9% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Citi Trends Inc is $32.50

This summary was machine generated from LSEG data March 18 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 31 2025

0.18

-1.54

Missed

Oct. 31 2024

-0.66

-0.78

Missed

Jul. 31 2024

-0.52

-1.94

Missed

Apr. 30 2024

-0.31

-0.32

Missed

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