Brokerages Anticipate Francesca’s Holdings Corp (FRAN) Will Post Earnings of -$0.03 Per Share

Brokerages expect Francesca’s Holdings Corp (NASDAQ:FRAN) to post earnings per share of ($0.03) for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Francesca’s’ earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.04). Francesca’s posted earnings per share of $0.01 during the same quarter last year, which indicates a negative year-over-year growth rate of 400%. The company is scheduled to report its next earnings report on Tuesday, December 4th.

On average, analysts expect that Francesca’s will report full-year earnings of $0.15 per share for the current financial year. For the next fiscal year, analysts anticipate that the business will report earnings of $0.33 per share, with EPS estimates ranging from $0.25 to $0.41. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that that provide coverage for Francesca’s.

Francesca’s (NASDAQ:FRAN) last released its quarterly earnings results on Tuesday, September 11th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). Francesca’s had a return on equity of 3.35% and a net margin of 0.12%. The business had revenue of $113.00 million during the quarter, compared to the consensus estimate of $120.77 million. During the same period in the previous year, the company posted $0.20 EPS. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year.

Several research analysts have recently issued reports on the company. BidaskClub cut Francesca’s from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 12th. ValuEngine cut Francesca’s from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. B. Riley cut Francesca’s from a “buy” rating to a “neutral” rating and decreased their target price for the company from $9.00 to $4.00 in a research note on Wednesday, September 12th. Finally, Zacks Investment Research raised Francesca’s from a “sell” rating to a “hold” rating in a research note on Thursday, September 6th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $5.67.

In other news, CEO Steven Paul Lawrence bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 14th. The stock was acquired at an average price of $4.11 per share, with a total value of $41,100.00. Following the completion of the purchase, the chief executive officer now directly owns 209,832 shares of the company’s stock, valued at approximately $862,409.52. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Martyn R. Redgrave bought 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 25th. The shares were purchased at an average cost of $3.93 per share, with a total value of $58,950.00. Following the purchase, the director now directly owns 70,353 shares of the company’s stock, valued at $276,487.29. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.

A number of hedge funds have recently made changes to their positions in FRAN. Towle & Co. boosted its position in shares of Francesca’s by 50.1% in the 2nd quarter. Towle & Co. now owns 5,057,533 shares of the specialty retailer’s stock valued at $38,184,000 after purchasing an additional 1,687,673 shares during the period. BlackRock Inc. boosted its position in shares of Francesca’s by 0.4% in the 1st quarter. BlackRock Inc. now owns 4,747,522 shares of the specialty retailer’s stock valued at $22,788,000 after purchasing an additional 19,172 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Francesca’s by 17.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,546,826 shares of the specialty retailer’s stock valued at $19,229,000 after purchasing an additional 375,919 shares during the period. Royce & Associates LP boosted its position in shares of Francesca’s by 323.4% in the 2nd quarter. Royce & Associates LP now owns 1,298,373 shares of the specialty retailer’s stock valued at $9,803,000 after purchasing an additional 991,719 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Francesca’s by 10.4% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 636,315 shares of the specialty retailer’s stock valued at $4,804,000 after purchasing an additional 60,130 shares during the period. 97.96% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:FRAN traded down $0.05 on Thursday, hitting $3.12. The company’s stock had a trading volume of 848,240 shares, compared to its average volume of 1,110,894. Francesca’s has a 12 month low of $3.06 and a 12 month high of $8.48. The stock has a market cap of $134.39 million, a price-to-earnings ratio of 6.00 and a beta of 0.19.

About Francesca’s

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.

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