Market Overview

Sterne Agee Reiterates Neutral Rating on Aeropostale

Related ARO
Are Teen Retailers In A 'Structural Decline'? Morgan Stanley Thinks So
Mid-Day Market Update: Markets Open Higher; Coca-Cola Profit Tops Views
Teen retailers transition (some better than others) (Seeking Alpha)

In a report published Monday, Sterne Agee Group reiterated its Neutral rating on Aeropostale (NYSE: ARO).

Sterne Agee noted, “While we expect Q3 results at ARO to be in line, our checks of weekend sales suggest a less robust start to holiday than the peer group and we believe Q4 guidance may fall below consensus views as a result. Our Q4 estimate is $0.47 compared to the $0.54 consensus. Last year ARO earned $0.44.”

Aeropostale closed on Friday at $14.45.

Latest Ratings for ARO

Dec 2014Morgan StanleyMaintainsUnderweight
Aug 2014JefferiesMaintainsHold
Aug 2014WunderlichInitiates Coverage onHold

View More Analyst Ratings for ARO
View the Latest Analyst Ratings

Posted-In: Sterne Agee GroupAnalyst Color Reiteration Analyst Ratings


Related Articles (ARO)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga PRO content