Brokerages Expect Tilly’s, Inc. (NYSE:TLYS) to Announce $0.19 EPS

Wall Street brokerages predict that Tilly’s, Inc. (NYSE:TLYS) will post earnings per share of $0.19 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Tilly’s’ earnings. The highest EPS estimate is $0.21 and the lowest is $0.15. Tilly’s reported earnings of $0.21 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 9.5%. The firm is scheduled to report its next quarterly earnings results after the market closes on Thursday, March 11th.

On average, analysts expect that Tilly’s will report full year earnings of ($0.15) per share for the current fiscal year, with EPS estimates ranging from ($0.18) to ($0.12). For the next financial year, analysts forecast that the company will report earnings of $0.69 per share, with EPS estimates ranging from $0.60 to $0.75. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Tilly’s.

Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Thursday, December 3rd. The specialty retailer reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.08. Tilly’s had a negative net margin of 0.71% and a negative return on equity of 2.48%. The firm had revenue of $140.28 million for the quarter, compared to analysts’ expectations of $132.08 million.

Several research firms have recently weighed in on TLYS. B. Riley boosted their price objective on shares of Tilly’s from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, January 12th. Zacks Investment Research lowered shares of Tilly’s from a “buy” rating to a “hold” rating in a research note on Saturday, November 28th. Finally, Pivotal Research boosted their price objective on shares of Tilly’s from $10.00 to $11.00 and gave the stock a “hold” rating in a research note on Tuesday, January 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Tilly’s currently has a consensus rating of “Buy” and a consensus target price of $9.50.

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in Tilly’s by 13.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,636 shares of the specialty retailer’s stock valued at $137,000 after buying an additional 2,746 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in Tilly’s by 238.1% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 5,345 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 3,764 shares during the last quarter. Morgan Stanley grew its stake in Tilly’s by 716.6% in the 3rd quarter. Morgan Stanley now owns 128,096 shares of the specialty retailer’s stock valued at $772,000 after buying an additional 112,410 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Tilly’s by 50.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 104,596 shares of the specialty retailer’s stock valued at $631,000 after buying an additional 34,926 shares during the last quarter. Finally, GSA Capital Partners LLP grew its stake in Tilly’s by 53.0% in the 3rd quarter. GSA Capital Partners LLP now owns 79,974 shares of the specialty retailer’s stock valued at $482,000 after buying an additional 27,707 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company’s stock.

Shares of NYSE:TLYS opened at $10.72 on Thursday. The stock has a market capitalization of $319.25 million, a PE ratio of -82.46 and a beta of 1.94. The company’s 50-day moving average price is $9.94 and its two-hundred day moving average price is $7.83. Tilly’s has a one year low of $3.46 and a one year high of $11.20.

About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories 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, ear buds, handbags, watches, jewelry, and others.

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

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