Top Wall Street Forecasters Revamp Citi Trends Price Expectations Ahead Of Q3 Earnings
The anticipated quarterly loss of 79 cents is worse than last year. Consensus revenue growth may not compensate for the loss expectation.
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The anticipated quarterly loss of 79 cents is worse than last year. Consensus revenue growth may not compensate for the loss expectation.
What happened, with direct paths to the underlying reporting
CTRN to report Q3 earnings on Dec. 2, analysts forecast a loss. Expected loss of $0.79 per share, slightly worse than last year. Revenue estimate of $192.73 million, up from $179.1 million last year. Second-quarter sales exceeded estimates, growing 8% year over year. Analysts maintain mixed ratings, with price targets adjusted accordingly.
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