Five Below (NASDAQ:FIVE) Third Quarter Beats Forecasts; Estimates Weak Q4 Results – FIVE, DLTR, FDO, DG

Five Below Inc (NASDAQ:FIVE) announced on Friday that adjusted EPS was $0.03 in the fiscal third quarter, high from $0.01 in previous year.

The median forecasts were for EPS of $0.01. The corporation forecasts to announce Q4 adjusted EPS in the range of $0.35 to $0.37 and between $0.47 and $0.49 for the complete year. The median forecasts are for EPS of $0.38 and $0.49.

Five Below announced net income of $710,000 or 1 cent a share during the three months period that finished on Oct 27, evaluated against a loss of $3.5 million or 22 cents a share in the fiscal Q3 previous year.

The company reported that profit came to 3 cents a share without special items, surpassing analysts’ forecasts of 1 cent a share.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Dollar Tree, Inc. (NASDAQ:DLTR) rose +0.02% to settle at $41.74, Family Dollar Stores, Inc. (NYSE:FDO) moved up +1.09% to end at $71.20 while Dollar General Corp. (NYSE:DG) jumped +0.28% to finish at $50.00 on Friday.

Five Below Inc (NASDAQ:FIVE) on Nov 30, 2012 increased +18.35% to the closing price of $37.15. The overall volume in the last trading session was 2.16 million shares. Its fifty two weeks range was $25.00 – $40.00. The total market capitalization remained at $2.01 Billion.

FIVE is ahead of its 52-week low with 48.60% and lagging behind from its 52-week high price with -7.12%. FIVE’s last month’s stock price volatility remained 4.23%. In its share capital FIVE has 53.97 million outstanding shares, among them 48.36 million shares have been floated in market exchange. FIVE’s stock’s institutional ownership remained 80.95% while insider ownership included 9.71%.

The stock price of FIVE is moving forward from its 20 days moving average with 23.98% and remote positively from 50 days moving average with 10.93%. FIVE’s current year’s earnings per share experienced an addition with 106.90% while its current quarter performance remained at 17.75%.

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