Q1 2018 Earnings Forecast for Francesca's Holdings Corp (FRAN) Issued By KeyCorp

Francesca's Holdings Corp (NASDAQ:FRAN) – Equities researchers at KeyCorp decreased their Q1 2018 EPS estimates for shares of Francesca's Holdings Corp in a research report issued to clients and investors on Tuesday, Zacks Investment Research reports. KeyCorp analyst E. Yruma now anticipates that the specialty retailer will post earnings of $0.14 per share for the quarter, down from their previous estimate of $0.20. KeyCorp also issued estimates for Francesca's Holdings Corp’s Q2 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.47 EPS and FY2019 earnings at $1.25 EPS.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research raised Francesca's Holdings Corp from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Wednesday, March 22nd. Jefferies Group LLC set a $17.00 price objective on Francesca's Holdings Corp and gave the stock a “hold” rating in a research note on Tuesday, January 10th. Wedbush decreased their price objective on Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, March 21st. Mizuho decreased their price objective on Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Tuesday, March 21st. Finally, FBR & Co reaffirmed an “underperform” rating and set a $14.00 price objective on shares of Francesca's Holdings Corp in a research note on Tuesday, March 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $16.78.

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

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Francesca's Holdings Corp (NASDAQ:FRAN) traded down 0.38% on Thursday, hitting $15.53. The stock had a trading volume of 605,139 shares. The firm’s 50-day moving average price is $15.71 and its 200-day moving average price is $17.07. Francesca's Holdings Corp has a 1-year low of $9.75 and a 1-year high of $22.39. The firm has a market cap of $583.01 million, a P/E ratio of 14.25 and a beta of 0.77.

Francesca's Holdings Corp (NASDAQ:FRAN) last released its quarterly earnings results on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.02. Francesca's Holdings Corp had a return on equity of 37.74% and a net margin of 8.84%. The company earned $146.30 million during the quarter, compared to analysts’ expectations of $145.77 million. During the same quarter in the prior year, the business posted $0.35 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year.

In other news, insider Khalid Mir Malik sold 110,692 shares of the business’s stock in a transaction dated Tuesday, March 28th. The stock was sold at an average price of $15.95, for a total value of $1,765,537.40. Following the sale, the insider now directly owns 66,781 shares in the company, valued at $1,065,156.95. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.13% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in FRAN. Municipal Employees Retirement System of Michigan raised its stake in Francesca's Holdings Corp by 0.9% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,560 shares of the specialty retailer’s stock valued at $194,000 after buying an additional 110 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Francesca's Holdings Corp by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 15,400 shares of the specialty retailer’s stock worth $236,000 after buying an additional 200 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Francesca's Holdings Corp by 3.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 20,400 shares of the specialty retailer’s stock worth $368,000 after buying an additional 670 shares in the last quarter. Isthmus Partners LLC increased its stake in shares of Francesca's Holdings Corp by 3.5% in the third quarter. Isthmus Partners LLC now owns 37,813 shares of the specialty retailer’s stock worth $628,000 after buying an additional 1,273 shares in the last quarter. Finally, Laurion Capital Management LP increased its stake in shares of Francesca's Holdings Corp by 10.0% in the third quarter. Laurion Capital Management LP now owns 16,000 shares of the specialty retailer’s stock worth $247,000 after buying an additional 1,458 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

Francesca's Holdings Corp 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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