Five Below (FIVE) Stock Falls in After-Hours Trading Despite Positive Quarter

NEW YORK (TheStreet) -- Five Below (FIVE) was falling 5% to $39.62 after-hours Wednesday despite beating analysts' estimates for earnings in the second quarter.

For the second quarter the retailer reported earnings of 15 cents a share, beating the Thomson Reuters consensus estimate of 14 cents a share. Revenue grew 30.2% year over year to $152.5 million, compared to analysts' estimates of $152.24 million for the quarter.

Looking forward to the third quarter Five Below expects earnings of 5 cents to 6 cents a share and revenue of $136 million to $138 million. Analysts expect earnings of 7 cents a share and revenue of $136.95 million for the upcoming quarter.

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Separately, TheStreet Ratings team rates FIVE BELOW INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate FIVE BELOW INC (FIVE) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including premium valuation and poor profit margins."

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

FIVE Chart FIVE data by YCharts

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