Analysts Anticipate Tilly’s, Inc. (NYSE:TLYS) Will Announce Earnings of $0.03 Per Share

Wall Street brokerages expect Tilly’s, Inc. (NYSE:TLYSGet Rating) to announce earnings of $0.03 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Tilly’s’ earnings. The lowest EPS estimate is $0.01 and the highest is $0.04. 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 results after the market closes on Monday, January 1st.

According to Zacks, 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 forecast that the firm will report earnings of $1.15 per share, with EPS estimates ranging from $0.82 to $1.34. Zacks’ EPS averages are a mean average based on a survey of analysts that follow Tilly’s.

Tilly’s (NYSE:TLYSGet Rating) last announced its quarterly earnings data on Thursday, March 10th. The specialty retailer reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.03). The company had revenue of $204.49 million for the quarter, compared to analysts’ expectations of $203.97 million. Tilly’s had a return on equity of 36.03% and a net margin of 8.28%. During the same quarter in the previous year, the company earned $0.29 earnings per share.

Several brokerages have recently weighed in on TLYS. TheStreet lowered shares of Tilly’s from a “b” rating to a “c+” rating in a report on Wednesday, March 16th. Seaport Res Ptn reissued a “buy” rating on shares of Tilly’s in a research report on Tuesday, January 18th. Zacks Investment Research downgraded shares of Tilly’s from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 16th. StockNews.com downgraded shares of Tilly’s from a “buy” rating to a “hold” rating in a research report on Friday. Finally, B. Riley lowered their price objective on shares of Tilly’s from $21.00 to $16.00 in a research report on Friday, March 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Tilly’s has a consensus rating of “Hold” and a consensus target price of $18.00.

Shares of TLYS stock opened at $8.52 on Monday. The firm has a market cap of $260.04 million, a P/E ratio of 4.14 and a beta of 1.93. Tilly’s has a 1-year low of $8.33 and a 1-year high of $17.80. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.67 and a quick ratio of 1.19. The firm’s 50-day simple moving average is $9.67 and its 200-day simple moving average is $12.82.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lazard Asset Management LLC bought a new position in Tilly’s during the fourth quarter worth $33,000. Citigroup Inc. lifted its stake in Tilly’s by 146.8% in the third quarter. Citigroup Inc. now owns 2,660 shares of the specialty retailer’s stock valued at $37,000 after buying an additional 1,582 shares during the last quarter. UBS Group AG lifted its stake in Tilly’s by 62.0% in the third quarter. UBS Group AG now owns 4,829 shares of the specialty retailer’s stock valued at $68,000 after buying an additional 1,848 shares during the last quarter. Schroder Investment Management Group bought a new stake in Tilly’s in the fourth quarter valued at $94,000. Finally, BNP Paribas Arbitrage SA lifted its stake in Tilly’s by 33.2% in the third quarter. BNP Paribas Arbitrage SA now owns 5,877 shares of the specialty retailer’s stock valued at $82,000 after buying an additional 1,465 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

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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Earnings History and Estimates for Tilly's (NYSE:TLYS)

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