The Children's Place Inc. Bottom Line Advances 40% In Q1

(RTTNews) - The Children's Place Inc. (PLCE) revealed earnings for its first quarter that increased from last year.

The company said its bottom line totaled $35.94 million, or $1.95 per share. This was higher than $25.76 million, or $1.32 per share, in last year's first quarter.

Analysts had expected the company to earn $1.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.1% to $436.68 million. This was up from $419.35 million last year.

The Children's Place Inc. earnings at a glance:

-Earnings (Q1): $35.94 Mln. vs. $25.76 Mln. last year. -Earnings Growth (Y-o-Y): 39.5% -EPS (Q1): $1.95 vs. $1.32 last year. -EPS Growth (Y-o-Y): 47.7% -Analysts Estimate: $1.64 -Revenue (Q1): $436.68 Mln vs. $419.35 Mln last year. -Revenue Change (Y-o-Y): 4.1%

-Guidance: Next quarter EPS guidance: $0.70 - $0.75 Full year EPS guidance: $7.10 - $7.20