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

Core Insights - The Children's Place, Inc. is expected to report a quarterly loss of 51 cents per share and revenue of $260.62 million for the first quarter, down from $267.88 million a year earlier [1] - In the fourth quarter, net sales fell 10.2% year-over-year to $408.6 million from $455.0 million [2] - The company's shares increased by 3.6% to close at $6.59 [2] Analyst Ratings - UBS analyst Jay Sole maintained a Neutral rating and reduced the price target from $11 to $9 [5] - Telsey Advisory Group analyst Dana Telsey kept a Market Perform rating with a price target of $9 [5] - B. Riley Securities analyst Jeff Lick upgraded the stock from Sell to Neutral and lowered the price target from $12 to $7 [5]