Wall Street brokerages expect Francesca’s Holdings Corporation (NASDAQ:FRAN) to announce sales of $106.76 million for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Francesca’s Holdings Corporation’s earnings. The lowest sales estimate is $104.50 million and the highest is $110.40 million. Francesca’s Holdings Corporation reported sales of $119.47 million in the same quarter last year, which would suggest a negative year over year growth rate of 10.6%. The business is scheduled to announce its next earnings results on Tuesday, December 5th.

According to Zacks, analysts expect that Francesca’s Holdings Corporation will report full-year sales of $106.76 million for the current year, with estimates ranging from $479.70 million to $487.40 million. For the next year, analysts forecast that the business will report sales of $512.56 million per share, with estimates ranging from $499.70 million to $525.60 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Francesca’s Holdings Corporation.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last released its earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.20. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. The firm had revenue of $119.70 million during the quarter, compared to the consensus estimate of $119.80 million. During the same period in the prior year, the firm earned $0.27 EPS. The company’s revenue was up 3.8% compared to the same quarter last year.

Several research firms have commented on FRAN. FBR & Co reissued a “neutral” rating and set a $8.00 price objective (down previously from $10.00) on shares of Francesca’s Holdings Corporation in a report on Wednesday, September 6th. ValuEngine cut Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. KeyCorp reaffirmed a “hold” rating on shares of Francesca’s Holdings Corporation in a report on Friday, August 25th. Zacks Investment Research cut Francesca’s Holdings Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 22nd. Finally, SunTrust Banks, Inc. decreased their target price on Francesca’s Holdings Corporation from $15.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $14.38.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Koch Industries Inc. purchased a new stake in Francesca’s Holdings Corporation during the second quarter valued at approximately $110,000. Mason Street Advisors LLC lifted its stake in shares of Francesca’s Holdings Corporation by 6.6% in the 1st quarter. Mason Street Advisors LLC now owns 8,835 shares of the specialty retailer’s stock valued at $136,000 after purchasing an additional 549 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in shares of Francesca’s Holdings Corporation by 57.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock valued at $149,000 after purchasing an additional 4,980 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Francesca’s Holdings Corporation in the 2nd quarter worth approximately $151,000. Finally, Jane Street Group LLC purchased a new position in shares of Francesca’s Holdings Corporation in the 1st quarter worth approximately $161,000.

Shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) opened at 7.36 on Monday. Francesca’s Holdings Corporation has a 12-month low of $6.67 and a 12-month high of $22.39. The company has a market cap of $270.36 million, a PE ratio of 7.60 and a beta of 0.22. The company has a 50 day moving average of $7.86 and a 200-day moving average of $11.94.

About Francesca’s Holdings Corporation

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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Earnings History and Estimates for Francesca`s Holdings Corporation (NASDAQ:FRAN)

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