Torrid Holdings Inc. (NYSE:CURV) Forecasted to Earn Q3 2022 Earnings of $0.18 Per Share

Torrid Holdings Inc. (NYSE:CURV) – William Blair increased their Q3 2022 earnings per share estimates for Torrid in a report released on Thursday, September 9th. William Blair analyst D. Carden now anticipates that the company will post earnings per share of $0.18 for the quarter, up from their prior estimate of $0.08. William Blair currently has a “Outperform” rating and a $22.48 target price on the stock. William Blair also issued estimates for Torrid’s FY2022 earnings at $1.07 EPS.

A number of other analysts have also weighed in on the stock. Telsey Advisory Group started coverage on shares of Torrid in a research report on Monday, July 26th. They issued an “outperform” rating and a $28.00 target price on the stock. Jefferies Financial Group started coverage on shares of Torrid in a report on Monday, July 26th. They set a “buy” rating and a $30.00 price target on the stock. The Goldman Sachs Group began coverage on shares of Torrid in a report on Monday, July 26th. They set a “neutral” rating and a $26.00 price target on the stock. Cowen began coverage on shares of Torrid in a research note on Monday, July 26th. They set an “outperform” rating and a $30.00 target price for the company. Finally, Bank of America began coverage on shares of Torrid in a research note on Monday, July 26th. They issued a “buy” rating and a $32.00 price target for the company. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Torrid has an average rating of “Buy” and an average target price of $28.31.

Shares of Torrid stock opened at $20.34 on Monday. Torrid has a fifty-two week low of $18.26 and a fifty-two week high of $33.19. The company has a 50 day moving average of $24.91.

Torrid (NYSE:CURV) last posted its quarterly earnings results on Tuesday, September 7th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.24.

About Torrid

Torrid Holdings Inc focuses on operating as a holding company for Torrid Parent Inc that operates in women's plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid and Torrid Curve brand names. It is involved in the sale of tops, bottoms, dresses, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.

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Earnings History and Estimates for Torrid (NYSE:CURV)

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