Revenue Update on Francesca's Holdings Corp(NASDAQ:FRAN)

Francesca's Holdings Corp(NASDAQ:FRAN) announced the earnings results for Fiscal Year 2017 and Q4. The results came in during Pre-Market on Mar 21, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Company reported revenue of $146.345M. Analysts estimated a revenue of $145.910M. The revenues were 0.3% above the estimates. Earnings per share were $0.39. The reported EPS was above estimates by 5.41%. Analysts had estimated an EPS of $0.37.

Francesca's Holdings Corp (FRAN) shares turned negative on Fridays trading session with the shares closing down -0.11 points or -0.68% at a volume of 3,63,452. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16. The peak price level was also seen at $16 while the days lowest was $15.73. Finally the shares closed at $15.95. The 52-week high of the shares is $22.39 while the 52-week low is $9.75. According to the latest information available, the market cap of the company is $599 M.

Several Insider Transactions has been reported to the SEC. On Jul 8, 2016, Laurie Hummel (Chief Merchandising Officer) purchased 7,000 shares at $10.97 per share price.Also, On Jun 13, 2016, Richard W Kunes (CEO) purchased 20,000 shares at $10.56 per share price.On Sep 16, 2015, Michael W Barnes (CEO) purchased 26,000 shares at $11.66 per share price, according to the Form-4 filing with the securities and exchange commission.

Francesca’s Holdings Corporation is a holding company. The Company’s business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel jewelry accessories and gifts. The Company operates approximately 539 boutiques which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Company’s direct-to-consumer business consists of its Website. Through its Website its customers are able to purchase individual items shop the latest jewelry gift or fashion merchandise and special promotions.

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