Francesca's Holdings Corp to Post FY2018 Earnings of $0.53 Per Share, Jefferies Group Forecasts (NASDAQ:FRAN)

Francesca's Holdings Corp (NASDAQ:FRAN) – Investment analysts at Jefferies Group lowered their FY2018 EPS estimates for Francesca's in a research note issued on Friday, Zacks Investment Research reports. Jefferies Group analyst R. Konik now forecasts that the specialty retailer will post earnings per share of $0.53 for the year, down from their prior forecast of $0.68. Jefferies Group also issued estimates for Francesca's’ FY2019 earnings at $0.60 EPS.

Francesca's (NASDAQ:FRAN) last announced 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 net margin of 5.52% and a return on equity of 23.19%. The firm had revenue of $105.80 million for the quarter, compared to analysts’ expectations of $106.02 million. During the same quarter last year, the business earned $0.23 earnings per share. The business’s revenue was down 11.5% compared to the same quarter last year.

Several other equities analysts have also recently issued reports on FRAN. B. Riley reiterated a “neutral” rating on shares of Francesca's in a research note on Wednesday, November 1st. ValuEngine cut Francesca's from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. SunTrust Banks set a $8.00 price objective on Francesca's and gave the company a “buy” rating in a research note on Friday, January 5th. TheStreet cut Francesca's from a “c” rating to a “d+” rating in a research note on Tuesday, December 5th. Finally, Zacks Investment Research lowered Francesca's from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $10.67.

Shares of Francesca's (NASDAQ FRAN) traded up $0.23 on Monday, hitting $5.82. The stock had a trading volume of 2,007,100 shares, compared to its average volume of 2,588,811. The stock has a market cap of $210.57, a PE ratio of 8.20, a PEG ratio of 0.89 and a beta of 0.23. Francesca's has a fifty-two week low of $5.31 and a fifty-two week high of $19.50.

In other Francesca's news, CEO Steven Paul Lawrence bought 10,000 shares of the business’s stock in a transaction dated Thursday, January 11th. The shares were acquired at an average price of $5.56 per share, with a total value of $55,600.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 1.19% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of FRAN. SG Americas Securities LLC acquired a new position in Francesca's during the second quarter worth approximately $151,000. Cetera Advisor Networks LLC acquired a new position in Francesca's during the third quarter worth approximately $124,000. FNY Managed Accounts LLC acquired a new position in Francesca's during the third quarter worth approximately $135,000. Verition Fund Management LLC acquired a new position in Francesca's during the second quarter worth approximately $224,000. Finally, UBS Asset Management Americas Inc. increased its position in Francesca's by 82.3% during the second quarter. UBS Asset Management Americas Inc. now owns 20,599 shares of the specialty retailer’s stock worth $225,000 after buying an additional 9,300 shares during the period.

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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.

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

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