2 Stocks Heading in Different Directions After Earnings
rue21, Inc. (NASDAQ:RUE) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 25% to $0.65 in the quarter versus EPS of $0.52 in the year-earlier quarter. Revenue Rose 22.35% to $269.05 million from the year-earlier quarter.
rue21, Inc. reported adjusted EPS income of $0.65 per share. By that measure, the company beat the mean analyst estimate of $0.63. It missed the average revenue estimate of $270.49 million.