Abercrombie & Fitch (ANF: Quote) announced after the close Wednesday that it expects to report second quarter EPS of $0.15 to $0.18. The consensus estimate is for EPS of $0.33. Full year EPS is now expected to be between $2.50 and $2.75. The consensus estimate is for EPS of $3.39.
Abercrombie & Fitch gapped open sharply lower Thursday, but traded in a range for the majority of the session. The stock closed down by 4.96 at $29.06, with volume at a 6-month high. Abercrombie & Fitch slipped beneath over a 2-month range and set a new low for the year.
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by RTT Staff Writer
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