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Citigroup Previews Finish Line's Earnings

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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

DateFirmActionFromTo
Dec 2016Bank of AmericaDowngradesBuyNeutral
Dec 2016Canaccord GenuityDowngradesBuyHold
Dec 2016B. RileyDowngradesBuyNeutral

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View the Latest Analyst Ratings

Posted-In: Citi Kate McShaneAnalyst Color Previews Analyst Ratings Trading Ideas

 

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