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Finish Line Inc. (FINL) Is Down Sharply Following Q4 Report

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3/30/2012 9:50 AM ET

Finish Line Inc. (FINL: Quote) reported fourth quarter adjusted EPS of $0.81 Friday morning, compared to $0.65 in the prior year period. The consensus estimate was for EPS of $0.81. The company expects first quarter EPS to be down about 30 percent.

Finish Line gapped open sharply lower Friday and has continued to decline on above average volume. The stock is now down 2.91 at $22.43. Finish Line has fallen to over a month and a half low and has dropped below its 50-day moving average.

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by RTT Staff Writer

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