Joe's Jeans Moving Higher After Earnings Report (JOEZ)

Joe's Jeans

released its quarterly earnings after the closing bell on Thursday. The apparel company reported EPS of $0.01 which was in line with analysts' estimates. In last year's corresponding quarter, JOEZ reported EPS of $0.02. Net sales at the company were up 51% to $25.9 million versus $17.2 million in the year ago quarter. Analysts had estimated the company would report revenue of $23.12 million. JOEZ has risen almost 4% in the after hours trading session in the wake of this report.