Zacks: Brokerages Anticipate Tilly's Inc (TLYS) to Announce $0.24 Earnings Per Share

Analysts expect Tilly's Inc (NYSE:TLYS) to post earnings per share of $0.24 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Tilly's’ earnings, with the highest EPS estimate coming in at $0.26 and the lowest estimate coming in at $0.23. Tilly's posted earnings of $0.22 per share during the same quarter last year, which would indicate a positive year over year growth rate of 9.1%. The firm is scheduled to announce its next earnings report on Monday, March 12th.

According to Zacks, analysts expect that Tilly's will report full-year earnings of $0.65 per share for the current financial year, with EPS estimates ranging from $0.64 to $0.66. For the next financial year, analysts expect that the business will report earnings of $0.68 per share, with EPS estimates ranging from $0.66 to $0.70. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Tilly's.

Tilly's (NYSE:TLYS) last released its quarterly earnings data on Wednesday, November 29th. The specialty retailer reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.09. The company had revenue of $152.80 million for the quarter, compared to the consensus estimate of $151.44 million. Tilly's had a return on equity of 10.19% and a net margin of 2.50%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the business posted $0.22 EPS.

A number of research firms have recently commented on TLYS. ValuEngine upgraded Tilly's from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. Zacks Investment Research downgraded Tilly's from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. BidaskClub upgraded Tilly's from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. B. Riley set a $15.00 price objective on Tilly's and gave the stock a “buy” rating in a report on Tuesday, November 28th. Finally, Roth Capital set a $16.00 price objective on Tilly's and gave the stock a “buy” rating in a report on Friday, November 17th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $15.00.

Tilly's (TLYS) traded up $0.30 during trading on Friday, hitting $14.07. The stock had a trading volume of 117,429 shares, compared to its average volume of 109,176. The stock has a market cap of $405.86, a P/E ratio of 28.71 and a beta of -0.42. Tilly's has a 52 week low of $8.02 and a 52 week high of $16.57.

In related news, major shareholder Tilly Levine sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $12.31, for a total transaction of $246,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Hezy Shaked sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of $12.31, for a total value of $123,100.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 282,655 shares of company stock worth $4,008,479. Company insiders own 50.12% of the company’s stock.

Several large investors have recently made changes to their positions in TLYS. First Trust Advisors LP purchased a new stake in shares of Tilly's during the 3rd quarter valued at about $122,000. Wells Fargo & Company MN raised its holdings in shares of Tilly's by 74.7% during the 3rd quarter. Wells Fargo & Company MN now owns 12,080 shares of the specialty retailer’s stock valued at $133,000 after buying an additional 5,167 shares during the period. Rhumbline Advisers raised its holdings in shares of Tilly's by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 14,358 shares of the specialty retailer’s stock valued at $146,000 after buying an additional 580 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in shares of Tilly's during the 2nd quarter valued at about $151,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Tilly's during the 3rd quarter valued at about $151,000. Institutional investors and hedge funds own 43.52% of the company’s stock.

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About Tilly's

Tilly’s, Inc is a destination specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls. The Company offers an unparalleled selection of relevant brands, styles, colors, sizes and price points. The Company’s apparel merchandise includes branded, fashion and styles for tops, outerwear, bottoms and dresses.

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Earnings History and Estimates for Tilly's (NYSE:TLYS)

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