rue21 Earnings: Here’s Why the Stock is Down Now

rue21, Inc. (NASDAQ:RUE) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.43%.

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rue21, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 4.35% to $0.44 in the quarter versus EPS of $0.46 in the year-earlier quarter.

Revenue: Rose 9.13% to $224.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: rue21, Inc. reported adjusted EPS income of $0.44 per share. By that measure, the company missed the mean analyst estimate of $0.46. It missed the average revenue estimate of $229.83 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue decreased 16.6% from $269.05 million in the previous quarter. EPS decreased 32.31% from $0.65 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.42 to a profit $0.4. For the current year, the average estimate has moved down from a profit of $2.16 to a profit of $2.02 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)