Wall Street brokerages predict that Tilly’s Inc (NYSE:TLYS) will announce earnings of $0.23 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Tilly’s’ earnings. The lowest EPS estimate is $0.22 and the highest is $0.24. Tilly’s posted earnings per share of $0.30 during the same quarter last year, which indicates a negative year-over-year growth rate of 23.3%. The business is scheduled to announce its next earnings report after the market closes on Wednesday, November 28th.
On average, analysts expect that Tilly’s will report full-year earnings of $0.89 per share for the current fiscal year, with EPS estimates ranging from $0.80 to $0.95. For the next fiscal year, analysts forecast that the business will post earnings of $1.05 per share, with EPS estimates ranging from $0.90 to $1.14. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Tilly’s.
Tilly’s (NYSE:TLYS) last released its quarterly earnings data on Wednesday, August 29th. The specialty retailer reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.03. The company had revenue of $157.41 million for the quarter, compared to analysts’ expectations of $155.30 million. Tilly’s had a net margin of 4.41% and a return on equity of 15.08%. The business’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.11) EPS.
In related news, insider Hezy Shaked sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 21st. The shares were sold at an average price of $17.55, for a total value of $175,500.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Janet Kerr sold 7,500 shares of the firm’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $18.46, for a total transaction of $138,450.00. Following the completion of the transaction, the director now directly owns 17,579 shares in the company, valued at approximately $324,508.34. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,423,521 shares of company stock worth $100,398,314. 48.26% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Millennium Management LLC lifted its position in shares of Tilly’s by 24.4% during the 1st quarter. Millennium Management LLC now owns 461,461 shares of the specialty retailer’s stock worth $5,215,000 after buying an additional 90,657 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new position in shares of Tilly’s during the 2nd quarter worth approximately $222,000. James Investment Research Inc. bought a new position in shares of Tilly’s during the 2nd quarter worth approximately $2,379,000. AJ Wealth Strategies LLC bought a new position in shares of Tilly’s during the 2nd quarter worth approximately $648,000. Finally, Acadian Asset Management LLC bought a new position in shares of Tilly’s during the 2nd quarter worth approximately $7,630,000. 52.12% of the stock is currently owned by institutional investors and hedge funds.
Shares of TLYS stock traded down $0.36 on Friday, reaching $15.83. 560,500 shares of the company were exchanged, compared to its average volume of 295,456. The stock has a market capitalization of $478.60 million, a PE ratio of 24.35, a price-to-earnings-growth ratio of 1.60 and a beta of 0.13. Tilly’s has a one year low of $10.72 and a one year high of $25.46.
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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