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Tuesday, June 6, 2017

=Francesca's Holdings (FRAN) reported earnings on Tue 6 June 2017 (b/o)




HOUSTON (AP) _ Francesca's Holdings Corp. (FRAN) on Tuesday reported fiscal first-quarter earnings of $4.3 million.
The Houston-based company said it had profit of 12 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.
The clothing retailer posted revenue of $107.7 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $113.2 million.
For the current quarter ending in August, Francesca's Holdings said it expects revenue in the range of $120 million to $124 million. Analysts surveyed by Zacks had expected revenue of $126.7 million.
The company expects full-year earnings to be $1.07 to $1.17 per share, with revenue ranging from $518 million to $537 million.
Francesca's Holdings shares have fallen 33 percent since the beginning of the year. The stock has climbed 15 percent in the last 12 months.

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