UBS Tweaks 2H EPS on Aeropostale, Inc. (ARO); Weak Early Signs of Back-To-School Selling
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Price: $16.75 +0.60%
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 23 | New: 29
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 23 | New: 29
Trade ARO Now!
UBS maintains a 'Neutral' on Aeropostale, Inc. (NYSE: ARO) price target of $14.00.
After the close last night, ARO reported Q2 earnings of breakeven ($0.00) which was $0.03 worse than the consensus estimate. Revenues were also on the lighter side, ($485.3M vs. consensus of $489.57M).
UBS analyst, Roxanne Meyer tweaked her second half (2012) EPS outlook, citing (early) weak back-to-school selling. She cites ARO's Q3 EPS guidance of $0.25-0.30 vs. consensus estimate of $0.38.
Shares of ARO are trading down over 10% this afternoon.
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $13.66 yesterday, with a 52 week range of $9.16-$23.05.
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After the close last night, ARO reported Q2 earnings of breakeven ($0.00) which was $0.03 worse than the consensus estimate. Revenues were also on the lighter side, ($485.3M vs. consensus of $489.57M).
UBS analyst, Roxanne Meyer tweaked her second half (2012) EPS outlook, citing (early) weak back-to-school selling. She cites ARO's Q3 EPS guidance of $0.25-0.30 vs. consensus estimate of $0.38.
Shares of ARO are trading down over 10% this afternoon.
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $13.66 yesterday, with a 52 week range of $9.16-$23.05.
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