Recap: Children's Place Q2 Earnings - Children's Place (NASDAQ:PLCE)

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.

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

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

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:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.46	2.85	4.40	0.31
EPS Actual	1.05	3.02	5.43	1.71
Revenue Estimate	401.59M	537.73M	566.42M	417.31M
Revenue Actual	362.35M	507.80M	558.23M	413.86M

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).

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.