Aeropostale Inc. (ARO) reported fourth quarter adjusted net income of $0.24 per share after the bell Thursday, down from $0.44 per share last year. The consensus estimate was for EPS of $0.22. The company expects to report a first quarter loss of $0.15 to $0.20. The consensus estimate is for EPS of $0.08. The stock is now down 0.91 on 215K shares.
Aeropostale traded in a range for the bulk of Thursday's session and closed up by 0.08 at $14.51. The stock has been gaining ground for the last 2 1/2 weeks and closed challenging resistance and its 200-day moving average.
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