rue21 Inc. (RUE) reported first quarter net income of $0.46 per share after the bell Thursday, up from $0.38 per share last year. The consensus estimate was for EPS of $0.43. The company expects to report second quarter EPS of $0.32 to $0.34 and between $1.76 and $1.81 for the full year. The consensus estimates are for EPS of $0.34 and $1.79. The stock is now down 0.90 on 39K shares.
rue21 traded in a range for the majority of Thursday's session and closed down by 0.17 at $27.00. The stock closed testing the lower end of a 3-week range.
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