The Children's Place Inc. Q3 Income Climbs 0%

(RTTNews) - The Children's Place Inc. (PLCE) released a profit for its third quarter that advanced compared to the same period last year.

The company said its bottom line rose to $39.61 million, or $1.93 per share. This was higher than $39.55 million, or $1.82 per share, in last year's third quarter.

Analysts had expected the company to earn $1.92 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.4% to $455.91 million. This was down from $487.30 million last year.

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

-Earnings (Q3): $39.61 Mln. vs. $39.55 Mln. last year. -Earnings Growth (Y-o-Y): 0.2% -EPS (Q3): $1.93 vs. $1.82 last year. -EPS Growth (Y-o-Y): 6.0% -Analysts Estimate: $1.92 -Revenue (Q3): $455.91 Mln vs. $487.30 Mln last year. -Revenue Change (Y-o-Y): -6.4%

-Guidance: Next quarter EPS guidance: 0.93 - 1.03 Full year EPS guidance: 3.35 - 3.45