Finish Line (NASDAQ:FINL) Releases Q4 Earnings Guidance

Finish Line (NASDAQ:FINL) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.50-0.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.54.

Finish Line (NASDAQ FINL) traded down $0.09 during mid-day trading on Friday, hitting $13.55. 1,150,640 shares of the stock traded hands, compared to its average volume of 1,740,422. Finish Line has a 1 year low of $6.90 and a 1 year high of $18.30. The stock has a market capitalization of $534.98, a P/E ratio of 52.12, a PEG ratio of 1.92 and a beta of 1.37.

Finish Line (NASDAQ:FINL) last released its quarterly earnings results on Thursday, December 21st. The specialty retailer reported ($0.26) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.36) by $0.10. The company had revenue of $378.50 million for the quarter, compared to the consensus estimate of $361.46 million. Finish Line had a negative net margin of 0.62% and a positive return on equity of 5.43%. Finish Line’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.24) earnings per share. analysts anticipate that Finish Line will post 0.65 earnings per share for the current fiscal year.

FINL has been the topic of a number of recent research reports. Susquehanna Bancshares downgraded shares of Finish Line from a positive rating to a neutral rating in a research note on Monday, October 2nd. Cowen set a $10.00 price objective on shares of Finish Line and gave the company a hold rating in a research report on Monday, October 23rd. Wells Fargo & Co cut their price target on shares of Finish Line from $12.00 to $9.00 and set a market perform rating on the stock in a report on Sunday, October 1st. Canaccord Genuity upped their price target on shares of Finish Line from $8.00 to $9.00 and gave the stock a hold rating in a report on Monday, September 25th. Finally, BidaskClub upgraded shares of Finish Line from a sell rating to a hold rating in a report on Friday, December 15th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $11.29.

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Finish Line Company Profile

The Finish Line, Inc is a specialty retailer. The Company is a retailer of athletic shoes, apparel and accessories for men, women and kids, throughout the United States and Puerto Rico. The Company operates through the Finish Line brand. Finish Line is a retailer of athletic shoes, apparel and accessories.

Earnings History and Estimates for Finish Line (NASDAQ:FINL)

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