Aeropostale (ARO) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS
Aeropostale (NYSE:ARO) issued its quarterly earnings data on Thursday. The company reported ($0.46) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.59) by $0.13, AnalystRatings.Net reports. The company had revenue of $396.20 million for the quarter, compared to the consensus estimate of $392.61 million. During the same quarter last year, the company posted ($0.34) earnings per share.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus reiterated a “positive” rating on shares of Aeropostale in a research note on Tuesday. On the ratings front, analysts at Wunderlich initiated coverage on shares of Aeropostale in a research note on Tuesday, August 12th. They set a “hold” rating and a $3.50 price target on the stock. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Aeropostale in a research note on Friday, August 8th. They now have a $3.00 price target on the stock, down previously from $5.00. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $6.16.
Aeropostale (NYSE:ARO) remained flat at $3.91 during during mid-day trading trading on Thursday. 5,250,197 shares of the company’s stock traded hands. Aeropostale has a 1-year low of $3.10 and a 1-year high of $11.40. The stock’s 50-day moving average is $3.31 and its 200-day moving average is $4.64. The company’s market cap is $307.5 million.
Aeropostale, Inc, (NYSE:ARO) is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-old kids through its P.
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