Francesca's Holdings Corp. (FRAN: Quote) reported first quarter net income of $0.20 per share after the bell Thursday, up from $0.10 per share in the previous year. The consensus estimate was for EPS of $0.17. The company expects to report second quarter EPS of $0.22 to $0.23 and adjusted EPS between $0.89 and $0.91. The consensus estimates are for EPS of $0.22 and $0.84.
Francesca's Holdings gapped open sharply higher Friday and climbed in early trade, before settling into a range. Shares finished up by 5.26 at $27.57 on above average volume. The stock broke out to a one-month high and re-crossed its 50-day moving average.
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by RTT Staff Writer
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