Zacks: Analysts Expect Tilly’s Inc (TLYS) to Announce $0.23 EPS
Equities analysts predict that Tilly’s Inc (NYSE:TLYS) will announce $0.23 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Tilly’s’ earnings, with estimates ranging from $0.22 to $0.24. Tilly’s posted earnings of $0.30 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 23.3%. The company is scheduled to announce its next earnings results on Wednesday, December 5th.
According to Zacks, analysts expect that Tilly’s will report full-year earnings of $0.90 per share for the current fiscal year, with EPS estimates ranging from $0.85 to $0.95. For the next year, analysts expect that the business will post earnings of $1.07 per share, with EPS estimates ranging from $0.95 to $1.14. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Tilly’s.
Tilly’s (NYSE:TLYS) last released its earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. Tilly’s had a net margin of 4.41% and a return on equity of 15.08%. The business had revenue of $157.41 million for the quarter, compared to analyst estimates of $155.30 million. During the same period last year, the company posted ($0.11) EPS. The business’s revenue was up 13.4% on a year-over-year basis.
TLYS traded up $0.51 during trading on Friday, reaching $16.70. The company’s stock had a trading volume of 424,332 shares, compared to its average volume of 287,775. Tilly’s has a 1 year low of $10.72 and a 1 year high of $25.46. The firm has a market capitalization of $555.39 million and a price-to-earnings ratio of 25.69.
In other news, major shareholder Tilly Levine sold 1,982,178 shares of Tilly’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $18.50, for a total transaction of $36,670,293.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Hezy Shaked sold 20,000 shares of Tilly’s stock in a transaction that occurred on Friday, August 31st. The shares were sold at an average price of $21.95, for a total transaction of $439,000.00. The disclosure for this sale can be found here. Insiders sold a total of 5,503,521 shares of company stock worth $101,639,714 over the last three months. Corporate insiders own 48.26% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Bailard Inc. purchased a new stake in shares of Tilly’s during the 2nd quarter valued at approximately $597,000. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Tilly’s by 62.2% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 39,567 shares of the specialty retailer’s stock valued at $599,000 after buying an additional 15,170 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Tilly’s by 161.1% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,076 shares of the specialty retailer’s stock valued at $1,516,000 after buying an additional 61,750 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Tilly’s by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,217,093 shares of the specialty retailer’s stock valued at $13,753,000 after buying an additional 21,700 shares during the period. Finally, Citadel Advisors LLC raised its position in shares of Tilly’s by 222.5% during the 2nd quarter. Citadel Advisors LLC now owns 19,225 shares of the specialty retailer’s stock valued at $291,000 after buying an additional 34,925 shares during the period. 48.68% of the stock is currently owned by hedge funds and other institutional investors.
Tilly’s Company Profile
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, hats, sunglasses, headphones, handbags, watches, jewelry, and others.
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