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

View More Analyst Ratings for FINL
View the Latest Analyst Ratings

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

 

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