Torrid (NYSE:CURV) Announces Earnings Results, Beats Estimates By $0.04 EPS

Torrid (NYSE:CURV) posted its quarterly earnings results on Thursday. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04, Briefing.com reports. The business had revenue of $275.60 million during the quarter, compared to the consensus estimate of $263.34 million. Torrid had a negative return on equity of 7.68% and a net margin of 1.35%. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) earnings per share. Torrid updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Torrid Trading Down 0.6 %

CURV opened at $5.57 on Friday. Torrid has a twelve month low of $2.18 and a twelve month high of $9.14. The stock has a market cap of $582.97 million, a PE ratio of 37.10, a price-to-earnings-growth ratio of 1.03 and a beta of 1.99. The business’s 50 day moving average is $6.10 and its 200-day moving average is $4.97.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CURV. The Goldman Sachs Group lifted their price target on Torrid from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. Telsey Advisory Group restated a “market perform” rating and issued a $5.00 target price on shares of Torrid in a research note on Friday, March 14th. Morgan Stanley lifted their target price on Torrid from $3.00 to $4.00 and gave the company an “underweight” rating in a research note on Tuesday, January 21st. Finally, Bank of America started coverage on Torrid in a research note on Friday, December 6th. They issued a “buy” rating and a $5.00 target price for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $4.63.

About Torrid

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.