The Children's Place Inc. Q3 adjusted earnings of $3.07 per share

(RTTNews) - The Children's Place Inc. (PLCE) released earnings for its third quarter that increased from the same period last year.

The company's bottom line came in at $49.91 million, or $3.03 per share. This compares with $44.08 million, or $2.44 per share, in last year's third quarter.

Excluding items, The Children's Place Inc. reported adjusted earnings of $50.65 million or $3.07 per share for the period.

The company's revenue for the quarter rose 6.6% to $522.50 million from $490.03 million last year.

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

-Earnings (Q3): $50.65 Mln. vs. $46.69 Mln. last year. -EPS (Q3): $3.07 vs. $2.58 last year. -Revenue (Q3): $522.50 Mln vs. $490.03 Mln last year.

-Guidance: Next quarter EPS guidance: $2.07 - $2.17 Next quarter revenue guidance: $547 - $552 Mln Full year EPS guidance: $7.69 - $7.79 Full year revenue guidance: $1.955 to $1.960 Mln