• Citi Trends Inc CTRN.OQ reported a quarterly adjusted loss of 82 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $-1.94. The mean expectation of two analysts for the quarter was for a loss of $1.01 per share. Wall Street expected results to range from $-1.03 to -100 cents per share.

• Revenue rose 8% to $190.75 million from a year ago; analysts expected $188.40 million.

• Citi Trends Inc's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $3.82 million.

• Citi Trends Inc shares had risen by 1.9% this quarter and gained 29.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

• Wall Street's median 12-month price target for Citi Trends Inc is $38.50, about 11.6% above its last closing price of $34.03

This summary was machine generated from LSEG data August 26 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)