Mid-Morning Market Update: Markets Rise; Jobless Claims Fall To 310,000
Following the market opening Thursday, the Dow traded up 0.36% to 35,158.32 while the NASDAQ rose 0.41% to 15,348.81. The S&P also rose, gaining 0.26% to 4,525.59.
Investors Cheer Torrid Holdings’ Q2 Beat, Strong Q3, FY21 Outlook
Torrid Holdings Inc (NYSE:CURV) reported second-quarter FY21 sales growth of 34% year-on-year, to $332.87 million, beating the analyst consensus of $278.05…
Torrid Holdings Q2 EPS $0.08, Adj. EPS $0.36 Beats $0.13 Estimate, Sales $332.90M Beat $278.05M Estimate
Torrid Holdings (NYSE:CURV) reported quarterly earnings of $0.08 per share which missed the analyst consensus estimate of $0.13 by 38.46 percent. The company reported quarterly sales of $332.90 million which beat the analyst consensus estimate of $278.05 million by 19.73 percent.
Earnings Scheduled For September 8, 2021
Companies Reporting Before The Bell
• Nanobiotix (NASDAQ:NBTX) is likely to report earnings for its first quarter.
• Waterdrop (NYSE:WDH) is expected to report earnings for its second quarter.
Stocks That Hit 52-Week Highs On Monday
Before 10 a.m. ET on Monday, 119 companies hit new 52-week highs.
Morgan Stanley Initiates Coverage On Torrid Holdings with Overweight Rating, Announces Price Target of $28
Morgan Stanley analyst Kimberly Greenberger initiates coverage on Torrid Holdings (NYSE:CURV) with a Overweight rating and announces Price Target of $28.