The Children's Place Inc. Reveals Rise In Q4 Profit

(RTTNews) - The Children's Place Inc. (PLCE) reported a profit for its fourth quarter that rose from last year.

The company said its bottom line came in at $45.29 million, or $2.52 per share. This was up from $34.63 million, or $1.88 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.49 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.4% to $569.97 million. This was up from $520.77 million last year.

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

-Earnings (Q4): $45.29 Mln. vs. $34.63 Mln. last year. -Earnings Growth (Y-o-Y): 30.8% -EPS (Q4): $2.52 vs. $1.88 last year. -EPS Growth (Y-o-Y): 34.0% -Analysts Estimate: $2.49 -Revenue (Q4): $569.97 Mln vs. $520.77 Mln last year. -Revenue Change (Y-o-Y): 9.4%

-Guidance: Next quarter EPS guidance: $2.12 to $2.22 Full year EPS guidance: $7.95 to $8.20