The Children's Place Inc. Reveals 19% Rise In Q4 Profit

(RTTNews) - The Children's Place Inc. (PLCE) reported a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line totaled $24.07 million, or $1.19 per share. This was up from $20.17 million, or $0.94 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.0% to $498.54 million. This was up from $479.24 million last year.

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

-Earnings (Q4): $24.07 Mln. vs. $20.17 Mln. last year. -Earnings Growth (Y-o-Y): 19.3% -EPS (Q4): $1.19 vs. $0.94 last year. -EPS Growth (Y-o-Y): 26.6% -Analysts Estimate: $1.11 -Revenue (Q4): $498.54 Mln vs. $479.24 Mln last year. -Revenue Change (Y-o-Y): 4.0%

-Guidance: Next quarter EPS guidance: $1.00 - $1.06