Torrid (CURV) to Release Quarterly Earnings on Thursday

Torrid (NYSE:CURV) is expected to be announcing its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $263.34 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Torrid Trading Up 7.7 %

NYSE:CURV opened at $5.42 on Tuesday. Torrid has a 1-year low of $2.18 and a 1-year high of $9.14. The firm has a fifty day simple moving average of $6.11 and a 200 day simple moving average of $4.96. The stock has a market capitalization of $567.57 million, a PE ratio of 36.12, a P/E/G ratio of 1.03 and a beta of 1.99.

Wall Street Analysts Forecast Growth

CURV has been the subject of a number of research analyst reports. Bank of America initiated coverage on shares of Torrid in a research report on Friday, December 6th. They set a “buy” rating and a $5.00 price objective for the company. Telsey Advisory Group reaffirmed a “market perform” rating and set a $5.00 price objective on shares of Torrid in a research report on Friday. Morgan Stanley lifted their price objective on shares of Torrid from $3.00 to $4.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 21st. Finally, The Goldman Sachs Group lifted their price objective on shares of Torrid from $4.00 to $4.50 and gave the stock a “neutral” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Torrid presently has a consensus rating of “Hold” and a consensus target price of $4.63.

Torrid Company Profile

Torrid Holdings Inc operates in women’s plus-size apparel and intimates market in North America. The company designs, develops, and merchandises its products under the Torrid, Torrid Curve, CURV, and Lovesick brand names. It is involved in the sale of tops, bottoms, dresses, denims, activewear, intimates, sleep wear, swim wear, and outerwear products; and non-apparel products comprising accessories, footwear, and beauty products.