Five Below (FIVE) Stock Is Up in After-Hours Trading on Earnings Beat
NEW YORK (TheStreet) -- Shares of Five Below (FIVE) - Get Report were gaining 3.4% to $33.30 after-hours Wednesday following the retailer's positive fourth quarter results.
Five Below reported earnings of 61 cents a share for the fourth quarter, above analysts' estimates of 60 cents a share. Revenue grew 24.5% year over year to $263.8 million for the quarter, compared to analysts' estimates of $262.22 million.
The retailer said it expects to report earnings of 6 cents to 7 cents a share and revenue of $150 million to $152 million for the first quarter of 2015. Analysts expect the company to report earnings of 8 cents and revenue of $154.24 million for the quarter.
Looking to full fiscal year 2015 Five Below expects earnings of $1.02 to $1.05 a share and revenue of $816 million to $824 million. Analysts expect earnings of $1.08 a share and revenue of $833.98 million for the fiscal year.
TheStreet Ratings team rates FIVE BELOW INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:
"We rate FIVE BELOW INC (FIVE) a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, premium valuation, poor profit margins, weak operating cash flow and disappointing return on equity."
You can view the full analysis from the report here: FIVE Ratings Report