Company Earnings Update 2 minutesRegister for Free Access

Finish Line (FINL) Fiscal 3Q17 Results: EPS Beats Estimates; Raises Guidance

Executive Summary

  • Finish Line reported fiscal 3Q17 revenues of $378.5 million, up 1.8% from 3Q16 and beat the consensus estimate of $361.0 million. Adjusted EPS was $(0.26), beating the consensus estimate of $(0.36).
  • Comparable sales declined by 0.8% year over year, and above the consensus of (4.5)%.
  • For FY18 (ending March 3, 2018), Finish Line expects a 2%-3% decrease and EPS of 0.59–$0.67, up from the prior guidance of $0.50-0.60 due to the outperformance in 3Q 2017.

Please Login to read the full report. Not a member? Register for a free user account.