Francesca's (FRAN) Timing, Valuation Remain Challenging; Stifel Affirms at 'Neutral'
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Wedbush Cuts Price Target on Francesca's (FRAN) Following 1Q15 Results
June 11, 2015 8:13 AM EDTWedbush maintains a Neutral rating on Francesca's Holdings (NASDAQ: FRAN), and cut the price target to $14.00 (from $17.00), following 1Q15 results. FRAN reported EPS of $0.17, compared to $0.18 consensus. Management guided 2Q15 EPS to $0.20-$0.23, below consensus $0.27.
Analyst Morry Brown commented, "Since Michael Barnes... More
Francesca's (FRAN) Misses Q1 EPS by 1c; Guides Q2 Below Expecatations
June 10, 2015 7:32 AM EDTFrancesca's (NASDAQ: FRAN) reported Q1 EPS of $0.17, $0.01 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $95 million versus the consensus estimate of $95.3 million.
Comparable sales decreased 2%.
Francesca's sees Q2 2015 EPS of $0.20-$0.23, versus the consensus of $0.27. Francesca's sees Q2... More
