Athletic retailer Finish Line (FINL) reports fiscal first-quarter earnings before the closing bell on Friday. Analysts polled by Thomson Reuters expect earnings per share of $0.24 on sales of $430.8 million. During the same quarter last year, the company reported earnings of $0.28 on sales of $406.5 million. Last week, TheStreet’s Jim Cramer, portfolio manager of Action Alerts Plus, said on CNBC’s Mad Money that even though last quarter’s results were weak, investors shouldn’t expect the same situation this quarter. Though he did say he’s more bullish on rival athletic retailers such as Nike (NKE), Foot Locker (FL) and Under Armour (UA). The analysts at Jefferies maintain a BUY rating on Finish Line with a $29 price target, while Buckingham Research Group holds a NEUTRAL rating with a price target of $28. Shares have returned about 11 percent since the start of the year.
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