Why Finish Line Inc (FINL) Stock Is Soaring Today
Finish Line Inc ( FINL ) stock was up today following its earnings report for fiscal Q1 2017.
Revenue reported by Finish Line for fiscal Q1 2017 came in at $453 million, which is up from the $443 million reported in the fiscal first quarter of 2016. It also came in well above the $449 million expected by Wall Street.
Finish Line is expecting EPS for fiscal 2017 to be between $1.50 and $1.56. Analysts are expecting EPS for the year to be $1.54. The company also said it expects same-store sales to increase by 3% to 5% for fiscal 2017.
FINL shares were up 19% as of Friday morning.
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