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Gordmans Stores Inc. (GMAN) Has Climbed To A 7-Month High On Q4 News

Gordmans Stores Inc. (GMAN) reported fourth quarter net income of $0.53 per share after the bell Monday, up from $0.44 per share last year. The consensus estimate was for EPS of $0.50. The company expects to report first quarter EPS of $0.40 to $0.41 and between $1.46 and $1.51 for the full year 2013. The consensus estimates are for EPS of $0.40 and $1.48.

Gordmans Stores gapped up sharply Tuesday and is currently higher by 2.56 at $18.00 on above average volume. The stock has broken out to over a 7-month high.

by RTTNews Staff Writer

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