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Francesca's Holdings (FRAN) Leaped To A 4-Month High After Outlook Increased

Francesca's Holdings Corp. (FRAN) announced Friday morning that it now expects to report fourth quarter revenues between $93 million and $95 million, compared to prior expectations of $90 million to $95 million. The company now expects to report fourth quarter EPS of $0.27 to $0.29, compared to prior guidance of $0.25 to $0.29.

Francesca's Holdings gapped up sharply Friday and climbed until mid-morning, before settling into a range. Shares finished higher by 4.42 at $22.50, with volume at a 4-month high. The stock surged to a 4-month high.

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