Citigroup Previews Finish Line's Earnings
Finish Line Inc (NASDAQ: FINL) reports its first quarter results on Friday before the opening bell. Citi analyst Kate McShane forecasted in a note to investors Tuesday EPS of $0.20, $0.02 below the consensus estimate.
McShane went on to predict sales revenue of $451 million, slightly above consensus of $449 million, which is driven by a comp sales increase estimate of 2.5 percent.
While Finish Line stock is down around 11 percent since the start of May, Citi continues to believe it's a strong long-term idea. McShane rated shares a Buy with a price target of $23, 31 percent above Tuesday’s closing price.
Latest Ratings for FINL
|Dec 2016||Bank of America||Downgrades||Buy||Neutral|
|Dec 2016||Canaccord Genuity||Downgrades||Buy||Hold|
|Dec 2016||B. Riley||Downgrades||Buy||Neutral|
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