Finish Line (FINL) Tops Q1 EPS by 1c; Comps Up 8%; Revises FY13 Growth Outlook

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Finish Line (NASDAQ: FINL) reported Q1 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $319 million versus the consensus estimate of $320.07 million.

Comps up 8 percent.

Based on first quarter results, the company now expects earnings per share for the fiscal year ending March 2, 2013 to increase between 6 to 7% over the $1.53 in fiscal 2012, which excludes the $0.07 impact from the 53rd week, up from its previous guidance of mid-single digit growth. This guidance assumes an annual comparable store sales increase of 5 to 6%.

For earnings history and earnings-related data on Finish Line (FINL) click here.

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