Genesco shares elevate on earnings beat

Shares of Genesco will look to conclude the trading week with quality momentum after the Nashville-based footwear company released a second quarter report that saw revenues top analyst estimates.

The stock (NYSE: GCO) will enter Friday trading after concluding Thursday’s regular session priced at $34.44, up 2.74 percent (an increase of $0.92 per share). Volume was substantial, as about 447,000 shares changed hands on a daily average of almost 199,000, according to Yahoo Finance.