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Aeropostale Inc. (ARO) Is Heading Lower On Weak Forecast

Aeropostale Inc. (ARO) reported fourth quarter adjusted EPS of $0.01 after the bell Thursday, compared to the loss of $0.35 last year. Analysts expected a loss of $0.03 per share. The company expects to report a first quarter loss of $0.61 to $0.53 per share. The consensus estimate is for a loss of $0.36 per share.

Aeropostale gapped open sharply lower Friday morning and is now down 0.50 at $3.21 on above average volume. The stock has dropped to a 1-month low.

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