After The Bell

PetSmart Inc. (PETM) Is Pulling Back On Weak Forecast

PetSmart Inc. (PETM) reported fourth quarter EPS of $1.24 after the bell Wednesday, up from $0.91 in the prior year period. The consensus estimate was for EPS of $1.21. The company expects to report first quarter EPS of $0.92 to $0.98 and between $3.76 and $3.92 for the full year 2013. The consensus estimates are for EPS of $0.94 and $3.93. The stock is now down 4.75 on 480K shares.

PetSmart traded in a range for the majority of Wednesday's session and closed up by 0.61 at $66.55. The stock closed near the upper end of over a 1-month range.

by RTTNews Staff Writer

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