Francesca’s Holdings Corporation (NASDAQ:FRAN) updated its third quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.00-0.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.23. The company issued revenue guidance of $105-109 million, compared to the consensus revenue estimate of $122.47 million.Francesca’s Holdings Corporation also updated its FY18 guidance to $0.71-0.81 EPS.
A number of brokerages have issued reports on FRAN. FBR & Co reaffirmed a neutral rating and issued a $8.00 price objective (down from $10.00) on shares of Francesca’s Holdings Corporation in a research report on Wednesday, September 6th. ValuEngine downgraded shares of Francesca’s Holdings Corporation from a buy rating to a hold rating in a research report on Friday, September 1st. KeyCorp reaffirmed a hold rating on shares of Francesca’s Holdings Corporation in a research report on Friday, August 25th. Zacks Investment Research downgraded shares of Francesca’s Holdings Corporation from a hold rating to a strong sell rating in a research report on Tuesday, August 22nd. Finally, SunTrust Banks, Inc. dropped their target price on shares of Francesca’s Holdings Corporation from $15.00 to $10.00 and set a buy rating on the stock in a research note on Tuesday, August 22nd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. Francesca’s Holdings Corporation presently has a consensus rating of Hold and a consensus price target of $14.38.
Shares of Francesca’s Holdings Corporation (NASDAQ FRAN) opened at 7.2628 on Wednesday. Francesca’s Holdings Corporation has a 52 week low of $6.71 and a 52 week high of $22.39. The company’s 50 day moving average is $8.24 and its 200-day moving average is $12.37. The stock has a market capitalization of $269.62 million, a PE ratio of 6.9902 and a beta of 0.18.
Francesca’s Holdings Corporation (NASDAQ:FRAN) last announced its quarterly earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. The firm had revenue of $119.70 million during the quarter, compared to analyst estimates of $119.80 million. During the same period in the previous year, the business posted $0.27 earnings per share. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, equities analysts predict that Francesca’s Holdings Corporation will post $0.78 earnings per share for the current year.
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About Francesca’s Holdings Corporation
Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
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