HOUSTON (AP) — Clothing and accessories company Francesca's is raising the low end of its fourth-quarter revenue forecast, citing its holiday sales performance. The retailer also lifted the low end of its earnings outlook for the period. The stock surged more than 17 percent in Friday morning trading. Francesca's now expects revenue in a range of $93 million to $95 million for the quarter ending Feb. 1 . Its prior guidance was for revenue between $90 million and $95 million . Analysts surveyed by FactSet predict revenue of $92.7 million . CEO Neill Davis said in a statement that the holiday season started off slow, but ended stronger. He said customers responded well to its clothing, accessories and gifts. The company was also helped by its inventory management efforts. Francesca's now anticipates quarterly earnings between 27 cents and 29 cents per share. Previously, the company forecast earnings of 25 cents to 29 cents per share. Wall Street is looking for earnings of 27 cents per share. Shares of Francesca's Holdings Corp. jumped $3.19 , or 17.6 percent, to $21.27 .
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