Finish Line Inc. (FINL) shares were up 6.88% to $9.85 on Friday, bouncing back from an earlier dip after the company reported earnings that topped analysts' second-quarter forecasts.
The athletic wear retailer reported second-quarter earnings of $2.8 million, or 12 cents per share, topping Wall Street estimates by a penny. The company reported revenue of $469.4 million, also ahead of analysts' $469.3 million expectations.
For the current quarter, the company expects to lose between 40 cents and 32 cents per share. For the year, the company expects to earn between 50 cents and 60 cents per share.
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