Aeropostale Falls After Earnings (ARO)

Apparel retailer Aeropostale ARO released its first quarter earnings results. The company reported EPS of $0.20 compared to $0.48 in the year ago period. Wall Street analysts had consensus EPS estimates of $0.20 going into the report. Revenues for the first quarter came in at $469.2 million compared to $463.64 million in last year's corresponding quarter. This missed Wall Street revenue expectations of $478.15 million. Looking ahead to Q2, Aeropostale (ARO) expects to earn between $0.11 and $0.16, which is well below current analysts' consensus of $0.27. In the after hours trading session, ARO shares have lost 8.76% to $19.47.