Francesca’s Holdings Corporation Expected to Post FY2018 Earnings of $0.69 Per Share (FRAN)

Francesca’s Holdings Corporation (NASDAQ:FRAN) – Equities researchers at KeyCorp dropped their FY2018 EPS estimates for Francesca’s in a note issued to investors on Wednesday. KeyCorp analyst E. Yruma now expects that the specialty retailer will post earnings of $0.69 per share for the year, down from their prior forecast of $0.74. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Francesca’s’ Q4 2018 earnings at $0.37 EPS, Q1 2019 earnings at $0.13 EPS, Q3 2019 earnings at $0.02 EPS, Q4 2019 earnings at $0.39 EPS and FY2019 earnings at $0.76 EPS.

Francesca’s (NASDAQ:FRAN) last posted its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Francesca’s had a return on equity of 23.19% and a net margin of 5.52%. The firm had revenue of $105.80 million for the quarter, compared to analyst estimates of $106.02 million. During the same period in the previous year, the firm posted $0.23 earnings per share. The company’s revenue for the quarter was down 11.5% on a year-over-year basis.

FRAN has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Francesca’s from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 22nd. FBR & Co restated a “neutral” rating and issued a $8.00 price target (down previously from $10.00) on shares of Francesca’s in a research note on Wednesday, September 6th. B. Riley restated a “neutral” rating on shares of Francesca’s in a research note on Wednesday, November 1st. SunTrust Banks dropped their price target on shares of Francesca’s from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. Finally, ValuEngine lowered shares of Francesca’s from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $11.33.

Francesca’s (FRAN) opened at $6.15 on Friday. Francesca’s has a 12-month low of $6.04 and a 12-month high of $22.39. The company has a market cap of $222.51, a price-to-earnings ratio of 8.54, a PEG ratio of 0.72 and a beta of 0.23.

Several large investors have recently modified their holdings of FRAN. Koch Industries Inc. bought a new stake in Francesca’s during the second quarter valued at $110,000. Cetera Advisor Networks LLC bought a new stake in Francesca’s during the third quarter valued at $124,000. FNY Managed Accounts LLC bought a new stake in Francesca’s during the third quarter valued at $135,000. Municipal Employees Retirement System of Michigan increased its stake in Francesca’s by 57.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock valued at $149,000 after purchasing an additional 4,980 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in Francesca’s during the second quarter valued at $151,000.

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Francesca’s Company Profile

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.

Earnings History and Estimates for Francesca`s (NASDAQ:FRAN)

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