Tilly’s, Inc. (NYSE:TLYS) Expected to Post Earnings of $0.03 Per Share

Equities research analysts expect Tilly’s, Inc. (NYSE:TLYS – Get Rating) to report $0.03 earnings per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Tilly’s’ earnings, with the highest EPS estimate coming in at $0.04 and the lowest estimate coming in at $0.01. Tilly’s reported earnings per share of $0.36 during the same quarter last year, which would indicate a negative year over year growth rate of 91.7%. The company is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Tilly’s will report full year earnings of $1.07 per share for the current year, with EPS estimates ranging from $0.86 to $1.16. For the next financial year, analysts expect that the business will post earnings of $1.15 per share, with EPS estimates ranging from $0.82 to $1.34. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Tilly’s.

Tilly’s (NYSE:TLYS – Get Rating) last posted its quarterly earnings data on Thursday, March 10th. The specialty retailer reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.03). Tilly’s had a return on equity of 35.79% and a net margin of 8.28%. The firm had revenue of $204.49 million during the quarter, compared to the consensus estimate of $203.97 million. During the same period in the prior year, the firm posted $0.29 EPS.

A number of research firms recently commented on TLYS. William Blair lowered shares of Tilly’s from an “outperform” rating to a “market perform” rating in a research note on Friday, March 11th. StockNews.com raised Tilly’s from a “hold” rating to a “buy” rating in a research note on Friday, April 8th. B. Riley reduced their price objective on shares of Tilly’s from $21.00 to $16.00 in a research note on Friday, March 11th. TheStreet downgraded shares of Tilly’s from a “b” rating to a “c+” rating in a research report on Wednesday, March 16th. Finally, Seaport Res Ptn restated a “buy” rating on shares of Tilly’s in a report on Tuesday, January 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $18.00.

A number of hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC acquired a new stake in shares of Tilly’s in the 4th quarter valued at $33,000. Citigroup Inc. increased its holdings in shares of Tilly’s by 146.8% during the 3rd quarter. Citigroup Inc. now owns 2,660 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 1,582 shares during the last quarter. UBS Group AG raised its stake in shares of Tilly’s by 62.0% in the 3rd quarter. UBS Group AG now owns 4,829 shares of the specialty retailer’s stock valued at $68,000 after acquiring an additional 1,848 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in Tilly’s by 33.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 5,877 shares of the specialty retailer’s stock worth $82,000 after purchasing an additional 1,465 shares during the last quarter. Finally, Schroder Investment Management Group bought a new stake in Tilly’s during the fourth quarter worth approximately $94,000. 68.45% of the stock is currently owned by institutional investors.

NYSE TLYS remained flat at $$9.03 on Monday. 337,202 shares of the company’s stock were exchanged, compared to its average volume of 506,336. Tilly’s has a 52 week low of $8.76 and a 52 week high of $17.80. The business has a fifty day moving average price of $10.81 and a 200 day moving average price of $13.31. The company has a market capitalization of $279.62 million, a PE ratio of 4.38 and a beta of 2.02.

About Tilly’s (Get Rating)

Tilly's, Inc operates as a specialty retailer of casual apparel, footwear, accessories, and hardgoods for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hydration bottles, hats, sunglasses, small electronics and accessories, handbags, watches, jewelry, and others.

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