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

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%

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

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