Men's Wearhouse Ticking Higher In After-Hours On Earnings Beat

Shares of Men's Warehouse MW are ticking higher in after-hours trading after the company reported better than expected earnings, and guided next quarter and 2012 full year earnings guidance above Wall Street estimates. The men's clothing company reported earnings of 53 cents per share on revenues of $580.4 million. Wall Street had been expecting earnings of 49 cents per share on $577.2 million in revenues. The company said it expects to earn $1.01 to $1.04 per share, versus estimates of 98 cents per share. The company also expects 2012 earnings to come in at $2.04 to $2.12 per share, versus estimates of $2.04 per share.