Francesca’s Holdings Corp. (FRAN) reported third quarter EPS of $0.26 Tuesday morning, up from $0.16 in the prior year period. Analysts expected EPS of $0.18. The company expects to report fourth quarter EPS of $0.33 to $0.37 and between $1.03 and $1.07 for the full year. Prior guidance for the full year had been for EPS of $0.93 to $1.03. The consensus estimates are for EPS of $0.38 and $1.00 respectively.
Francesca’s gapped open sharply higher Tuesday morning and is now up 2.34 at $17.88. The stock is now challenging resistance, trading at a 3-week high.
by RTT Staff Writer
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