Five Below (FIVE) Tops Q1 EPS by 23c, Revenue and Q2 Guidance Beat Consensus
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Five Below (FIVE) Reports Strong Results and Guidance to Send Shares 6% Higher and Prompt Analysts to Hike PTs
June 4, 2021 8:53 AM EDTShares of Five Below (NASDAQ: FIVE) are up 6% in pre-open Friday after the company reported better-than-expected results and guidance.
FIVE registered earnings of $49.6 million in Q1 after recording a loss of $50.6 million in the same period last year. Earnings per share came in at $0.88 per share on sales of $598 million vs $-0.91 per share on sales of $201 million a year ago. Analysts were calling for $0.65 per share.
Our first quarter results kicked off a great start to fiscal 2021, surpassing our expectations. Our teams did an outstanding job executing in an environment of elevated... More
Five Below (FIVE) PT Raised to $300 at Jefferies
June 4, 2021 8:08 AM EDTJefferies analyst Randal Konik raised the price target on Five Below (NASDAQ: FIVE) to $300.00 (from $260.00) while maintaining a Buy rating following earnings.
... More