Tilly’s (TLYS) Expected to Announce Earnings on Wednesday

Tilly’s (NYSE:TLYS) will likely be releasing its earnings data after the market closes on Wednesday, March 12th. Analysts expect Tilly’s to post earnings of ($0.28) per share and revenue of $159.90 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Tilly’s (NYSE:TLYS) last issued its earnings results on Thursday, December 5th. The specialty retailer reported ($0.43) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.16). Tilly’s had a negative net margin of 8.92% and a negative return on equity of 25.44%. During the same period in the prior year, the business earned ($0.03) EPS. On average, analysts expect Tilly’s to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Tilly’s Price Performance

TLYS opened at $4.13 on Monday. The firm has a market capitalization of $124.38 million, a PE ratio of -2.33 and a beta of 1.58. The business’s 50-day moving average is $4.08 and its two-hundred day moving average is $4.27. Tilly’s has a 1 year low of $3.22 and a 1 year high of $7.39.

Hedge Funds Weigh In On Tilly’s

A hedge fund recently raised its stake in Tilly’s stock. Bank of America Corp DE grew its stake in Tilly’s, Inc. (NYSE:TLYS) by 31.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,566 shares of the specialty retailer’s stock after purchasing an additional 4,193 shares during the period. Bank of America Corp DE owned about 0.06% of Tilly’s worth $75,000 at the end of the most recent quarter. Institutional investors and hedge funds own 76.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on TLYS. StockNews.com downgraded shares of Tilly’s from a “hold” rating to a “sell” rating in a report on Monday, December 9th. B. Riley cut their price objective on shares of Tilly’s from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, December 6th.

About Tilly’s

Tilly’s, Inc engages in the retail of casual apparel, footwear, and accessories. Its stores are located in retail centers, including malls, lifestyle centers, power centers, community centers, outlet centers, and street-front locations. The company was founded by Hezy Shaked and Tilly Levine in 1982 and is headquartered in Irvine, CA.