Francesca's Holdings Corp (NASDAQ:FRAN) – Analysts at KeyCorp reduced their FY2018 EPS estimates for Francesca's in a research report issued to clients and investors on Wednesday. KeyCorp analyst E. Yruma now anticipates that the specialty retailer will post earnings of $0.52 per share for the year, down from their previous forecast of $0.69. KeyCorp also issued estimates for Francesca's’ Q4 2018 earnings at $0.20 EPS, Q1 2019 earnings at $0.12 EPS, Q4 2019 earnings at $0.21 EPS and FY2019 earnings at $0.57 EPS.
Francesca's (NASDAQ:FRAN) last issued its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). The firm had revenue of $105.80 million for the quarter, compared to analyst estimates of $106.02 million. Francesca's had a return on equity of 23.19% and a net margin of 5.52%. Francesca's’s quarterly revenue was down 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share.
Shares of Francesca's (NASDAQ FRAN) traded up $0.17 on Monday, reaching $5.95. 947,771 shares of the company were exchanged, compared to its average volume of 2,337,309. Francesca's has a fifty-two week low of $5.31 and a fifty-two week high of $19.09. The firm has a market capitalization of $212.55, a P/E ratio of 8.38, a price-to-earnings-growth ratio of 0.88 and a beta of 0.23.
Several hedge funds have recently added to or reduced their stakes in FRAN. Paradigm Capital Management Inc. NY grew its stake in shares of Francesca's by 152.8% in the third quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock valued at $14,244,000 after acquiring an additional 1,169,786 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Francesca's by 54.7% in the second quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after acquiring an additional 519,206 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Francesca's by 11.5% in the second quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after acquiring an additional 402,270 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of Francesca's by 8,143.2% in the second quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock valued at $4,055,000 after acquiring an additional 358,300 shares in the last quarter. Finally, Quantitative Investment Management LLC acquired a new position in shares of Francesca's in the second quarter valued at about $3,744,000.
In other Francesca's news, CEO Steven Paul Lawrence purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were acquired at an average cost of $5.56 per share, for a total transaction of $55,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.19% of the company’s stock.
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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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