Aeropostale 1Q In Line With Consensus, Below Original Guidance, Morgan Stanley Reports

Aeropostale, Inc. ARO reported 1Q EPS of $0.20, “in line with our estimate and consensus but well below original guidance of $0.35-0.38. Management guided 2Q EPS $0.11-0.16, below recently reduced MS and consensus estimates at $0.27 and $0.25,” Morgan Stanley reports. “The company did not update annual guidance of $2.20-$2.40 (issued 3/11).” Aeropostale closed Friday at $18.30.