Friday, March 14, 2008

Aeropostale Beats Estimates...

Aeropostale (ARO) reported net income of $64.7 million, or 95 cents a share, up 13% from $57.3 million, or 72 cents a share, a year earlier. The quarter for all three firms ended Feb. 2. Excluding items, earnings rose to 93 cents a share from 67 cents.

Aeropostale in January raised its earnings guidance to 87 cents a share.

Analysts' latest mean estimate was for earnings of 88 cents a share, according to a poll by Thomson Financial.

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