Pacific Sunwear of California (PSUN) reported a first quarter non-GAAP loss of $0.14 after the bell Wednesday, compared to the loss of $0.20 last year. The consensus estimate was for a loss of $0.19. The company expects to report second quarter non-GAAP EPS between a loss of $0.05 and a profit of $0.02. The consensus estimate is for a loss of $0.04. The stock is now up 0.43 on 23K shares.
Pacific Sunwear fell below Wednesday's narrow range in late trade and finished down by 0.06 at $2.92.
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