Children's Place Likely To Report Lower Q1 Revenue; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Children’s Place, Inc. (NASDAQ:PLCE) will release its first-quarter earnings results after the closing bell on Friday, June 6.

Analysts expect the Secaucus, New Jersey-based company to report quarterly loss at 51 cents per share. Children’s Place projects to report quarterly revenue at $260.62 million, compared to $267.88 million a year earlier, according to data from Benzinga Pro.

On April 11, the company reported that net sales for the fourth quarter fell 10.2% year-over-year to $408.6 million from $455.0 million in the year-ago period.

Children’s Place shares gained 3.6% to close at $6.59 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• UBS analyst Jay Sole maintained a Neutral rating and cut the price target from $11 to $9 on March 4, 2025. This analyst has an accuracy rate of 73%.
• Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $9 on May 22, 2024. This analyst has an accuracy rate of 61%.
• B. Riley Securities analyst Jeff Lick upgraded the stock from Sell to Neutral and cut the price target from $12 to $7 on April 24, 2024. This analyst has an accuracy rate of 74%.

Considering buying PLCE stock? Here’s what analysts think:

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