Equities research analysts predict that Tilly’s Inc (NYSE:TLYS) will announce $0.23 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Tilly’s’ earnings, with estimates ranging from $0.22 to $0.24. Tilly’s posted earnings of $0.30 per share in the same quarter last year, which indicates a negative year over year growth rate of 23.3%. The business is scheduled to issue its next quarterly earnings report on Wednesday, December 5th.
On average, analysts expect that Tilly’s will report full year earnings of $0.90 per share for the current financial year, with EPS estimates ranging from $0.85 to $0.95. For the next financial year, analysts expect that the business will post earnings of $1.07 per share, with EPS estimates ranging from $0.95 to $1.14. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Tilly’s.
Tilly’s (NYSE:TLYS) last issued its quarterly earnings results on Wednesday, August 29th. The specialty retailer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.03. The company had revenue of $157.41 million during 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 quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the business earned ($0.11) EPS.
In other news, major shareholder Tilly Levine sold 10,000 shares of the stock in a transaction that occurred on Monday, July 16th. The stock was sold at an average price of $15.06, for a total value of $150,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hezy Shaked sold 2,879,049 shares of the stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $18.50, for a total value of $53,262,406.50. The disclosure for this sale can be found here. In the last three months, insiders sold 5,503,521 shares of company stock valued at $101,639,714. 48.26% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bailard Inc. acquired a new stake in Tilly’s during the 2nd quarter valued at $597,000. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Tilly’s by 62.2% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 39,567 shares of the specialty retailer’s stock valued at $599,000 after purchasing an additional 15,170 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Tilly’s by 161.1% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 100,076 shares of the specialty retailer’s stock valued at $1,516,000 after purchasing an additional 61,750 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Tilly’s by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,217,093 shares of the specialty retailer’s stock valued at $13,753,000 after purchasing an additional 21,700 shares during the last quarter. Finally, Citadel Advisors LLC lifted its holdings in Tilly’s by 222.5% during the 2nd quarter. Citadel Advisors LLC now owns 19,225 shares of the specialty retailer’s stock valued at $291,000 after purchasing an additional 34,925 shares during the last quarter. 48.68% of the stock is owned by institutional investors.
Shares of TLYS traded up $0.51 during mid-day trading on Friday, hitting $16.70. 424,332 shares of the company’s stock were exchanged, compared to its average volume of 287,775. The stock has a market capitalization of $555.39 million and a P/E ratio of 25.69. Tilly’s has a 52 week low of $10.72 and a 52 week high of $25.46.
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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