×

Francesca's Holdings misses Street 3Q forecasts

HOUSTON (AP) _ Francesca's Holdings Corp. (FRAN) on Tuesday reported fiscal third-quarter earnings of $239,000.

The Houston-based company said it had net income of 1 cent per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The clothing retailer posted revenue of $105.8 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $106.8 million.

For the current quarter ending in January, Francesca's Holdings said it expects revenue in the range of $145 million to $150 million.

The company expects full-year earnings to be 67 cents to 72 cents per share, with revenue ranging from $478 million to $483 million.

Francesca's Holdings shares have declined 57 percent since the beginning of the year. The stock has dropped 50 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRAN at https://www.zacks.com/ap/FRAN