Chico's FAS Shares Up 7.4% On Earnings Beat (CHS)

Shares of Chico's FAS, Inc. CHS are trading up 7.4% at $10.82 per share during the Wednesday afternoon trading session. The day's trading range for shares of Chico's FAS, Inc has been between $10.70 and $11.03 per share. Analysts covering the company's stock give it a consensus price target of $12 per share. Volume of 7.5 million shares is already well above the daily average volume of 4.5 million shares. Chico's FAS, Inc. (CHS) announced on Wednesday morning that it beat consensus Wall Street expectations. Chico's FAS, Inc announced 3rd quarter earnings per share of 16 cents, on revenue of $483.02 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 15 cents per share, on revenue of $476.57 million. Read more from Benzinga's Company news.