Citi Trends (NASDAQ:CTRN) reported its Q3 earnings results on Tuesday, November 30, 2021 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
Citi Trends beat estimated earnings by 128.89%, reporting an EPS of $1.03 versus an estimate of $0.45, which surprised analysts.
Revenue was up $28,859,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.93, which was followed by a 1.82% increase in the share price the next day.
Here’s a look at Citi Trends’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 2.90 | 1.74 | |
| EPS Actual | 1.36 | 3.23 | 1.81 | 0.67 |
| Revenue Estimate | 227.21M | 277.00M | 251.89M | 193.34M |
| Revenue Actual | 237.28M | 285.38M | 251.92M | 199.10M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
