PLCE - Earnings Preview: The Children's Place (PLCE) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when The Children’s Place (PLCE) reports results for the quarter ended July 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and ...
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