- Angela Gonzalez-Rodriguez |
New York - Wall Street analysts expect Francesca’s Holdings Corp (NASDAQ:FRAN) to announce sales of 105.15 million dollars for the current fiscal quarter, Zacks Investment Research reports.
Two analysts have provided sales estimates for Francesca’s’ earnings within a range of 104.80 million dollars to 105.50 million dollars. Francesca’s reported sales of 105.79 million dollars in the same quarter last year, which would suggest a negative year-over-year growth rate of 0.6 percent, notes Zacks.
On average, analysts expect that Francesca’s will report full-year sales of 454.20 million dollars for the current financial year, with estimates ranging from 452 million dollars to 456.40 million dollars.
For the next fiscal year, analysts expect the company will report sales of 466.25 million dollars. It is worth recalling that Zacks’ sales calculations are a mean average based on a survey of research firms that follow Francesca’s.
The company is scheduled to report its next quarterly earnings results on December,4.
FRAN has been the topic of several research reports. Zacks Investment Research upgraded shares of Francesca’s from a “sell” rating to a “hold” rating in a report earlier this month, as opposed to B. Riley, whose analysts dropped their target price on shares of Francesca’s from 4 to 3.5 dollars apiece and set a “neutral” rating on the stock. In total, five investment analysts currently have a “hold’ recommendation over the stock and two have given a “buy” rating to Francesca’s shares.