Aeropostale (ARO) Beats, Raises Outlook – Blows The Roof Off
March 12, 2010 11:11 am
Aeropostale (ARO) has been doing a great job of keeping costs down and sales up. Once again we were pleasantly surprised to see that management was able to find the sweet spot with discriminating shoppers and figure out how to benefit the bottom line in this tough economic environment.
Analyst Updates and changes…..
After the close, Aeropostale (ARO) reported earnings. They were good…. (From Briefing.com)
- Aeropostale beats by $0.04, reports revs in-line; guides Q1 EPS above consensus; guides FY11 EPS above consensus
- Aeropostale sees FY11 EPS growth of ~15% vs the +17.6% consensus
- Aeropostale sees Q1 $0.39-0.40 vs $0.37 First Call consensus
Aeropostale Inc., the teen clothing retailer, climbed 5.8 percent in late New York trading after reporting a first-quarter profit forecast and fourth-quarter earnings that were higher than analysts’ estimates.
Profit in the first quarter will be 39 cents to 40 cents a share, compared with 31 cents a year earlier, the New York-based company said today in a statement after the close of regular New York Stock Exchange trading. The average estimate of 21 analysts in a Bloomberg survey was 36 cents.
Download the Horowitz & Company Stock Review for ARO (beta stage)
(Click image below – pdf)