NEW YORK (TheStreet) -- Shares of Men's Warehouse (MW) were gaining 8.6% to $52.16 on heavy trading volume Thursday after the men's apparel retailer beat analysts' estimates for earnings and revenue in the fourth quarter.

Men's Warehouse reported a loss of 3 cents a share for the fourth quarter, beating analysts' estimates of a loss of 7 cents a share for the quarter. Revenue grew 65.6% year over year to $928.4 million for the fourth quarter, above analysts' estimates of $919.09 million.

The company said it expects to report earnings of $2.70 to $2.90 a share for fiscal year 2015, compared to analysts' estimates of $3.38 a share for the year.

About 1.9 million shares of Men's Warehouse were traded by 10:46 a.m., above the company's average trading volume of about 743,000 shares a day.

TheStreet Ratings team rates MENS WEARHOUSE INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate MENS WEARHOUSE INC (MW) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

You can view the full analysis from the report here: MW Ratings Report

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