Seeking Alpha

stockpucker's  Instablog

  • on Fund Holdings
Send Message
Affinity for activist campaigns and targeted stocks.
My company:
My blog:
  • Truth In True Religion (TRLG)'S Numbers 0 comments
    Feb 19, 2013 4:17 PM | about stocks: TRLG, VFC, RL, PVH, PVH


    True Religion Apparel (NASDAQ:TRLG) saw its stock pushed up over 20% after posting earnings last week; is the stock now too expensive to consider it a buy? It doesn't appear so. The retailer's EPS came in at $0.55, compared to analysts' estimates of $0.53, with revenue up 14.7% from the same quarter last year. What really helped push the stock up was upgraded guidance. The company boosted first quarter 2013 EPS guidance to a range of $0.33 to $0.35, and full year 2013 EPS $1.89 to $1.95. The mid-range full year 2013 guidance now falls above previous analyst expectations of $1.91 per share. This better than expected performance and upgraded guidance suggests that True Religion's turnaround is showing signs of taking hold.

    read the rest at the stockpucker blog...


    Themes: hedge funds, retail Stocks: TRLG, VFC, RL, PVH, PVH
Back To stockpucker's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.