The Finish Line – Earnings better than estimates



The Finish Line, Inc. (NASDAQ:FINL). Last Market Price: 20.56, Change: +2.13, % Change: (11.56%). Shares trade in the range of 18.33 – 20.94 dollars. It has a market capitalization of 1.11B dollars, making it a Small Cap Stock and has 53.81M outstanding shares. The company has a beta of 1.45, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.31; P/E of 15.67. It operates in Services sector and belongs to Retail (Apparel) industry. Percentage shares held by institutional investors is 101%. The company has a 52 week high of $ 23.64 and a 52 week low of $ 13.69. Average volumes of shares traded daily are 858,163. Volume traded in the last session was at 1,930,000, 2.25 times the average volume.

Reports:-

  • Q2 (August) EPS $0.39 better than the estimates;
  • Revenues rose 10.1% year on year to $331.5 million

For Q2 (May ’11), It had a Net profit margin of 5.48%, an Operating margin of 8.87%. Other Key stats and ratios are : Return on average assets of 9.95%, Return on average equity of 13.06%. The organization has an employee strength of 3,200


Consensus Recommendation is a Buy.

Estimate for sales for the Quarter Ending Nov-11 show a mean of 269.98 million dollars, an estimate high of 274.80 million dollars and an estimate low of 267.17 million dollars. A year ago the figures stood at 243.95 million dollars.

Estimate for sales for the Quarter Ending Feb-12 show a mean of 417.18 million dollars, an estimate high of 451.90 million dollars and an estimate low of 398.15 million dollars. A year ago the figures stood at 375.60 million dollars.

Estimate for EPS for the Quarter Ending Nov-11 show a mean of 0.10 dollars, an estimate high of 0.12 dollars and an estimate low of 0.09 dollars. A year ago the figures stood at 0.06 dollars.

Estimate for EPS for the Quarter Ending Feb-12 show a mean of 0.77 dollars, an estimate high of 0.84 dollars and an estimate low of 0.69 dollars. A year ago the figures stood at 0.67 dollars.

Sales for Quarter Ending Aug-11 was estimated at 321.93 million dollars, however the actual sales figure stood at 331.51 million dollars, 9.58 million dollars more than estimates.

Sales for Quarter Ending May-11 was estimated at 301.43 million dollars, however the actual sales figure stood at 299.47 million dollars, 1.95 million dollars less than estimates.


Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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