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Conns Inc. (CONN) Broke Out To A New High On Q4 Earnings News

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Conns Inc. (CONN: Quote) reported fourth quarter adjusted EPS of $0.34 Tuesday morning, compared to a loss of $0.00 last year. The consensus estimate was for EPS of $0.29. The company now expects to report full year 2013 EPS of $1.20 to $1.30.

Conns Inc. gapped up sharply Tuesday and climbed during the first half hour of trade, before settling into a range. The stock closed up by 2.56 at $19.05 on the highest volume of the year. Conns rose to its second consecutive new high for the year.

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by RTT Staff Writer

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