Express (EXPR) Issues Earnings Results
Express (NYSE:EXPR) posted its earnings results on Wednesday. The company reported $0.08 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.08, Bloomberg Earnings reports. Express had a return on equity of 4.25% and a net margin of 0.85%. The company had revenue of $498.70 million for the quarter, compared to the consensus estimate of $487.38 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. The company’s revenue for the quarter was down 1.5% on a year-over-year basis.
Express (NYSE EXPR) traded up $0.44 on Thursday, reaching $9.22. The company had a trading volume of 4,211,100 shares, compared to its average volume of 2,313,146. Express has a 1 year low of $5.28 and a 1 year high of $13.91. The firm has a market cap of $691.88, a PE ratio of 25.82 and a beta of 1.33.
A number of research firms have commented on EXPR. B. Riley restated a “neutral” rating on shares of Express in a research report on Wednesday, November 1st. BidaskClub upgraded Express from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. BMO Capital Markets set a $7.00 price objective on Express and gave the company a “hold” rating in a report on Tuesday, August 8th. Zacks Investment Research downgraded Express from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, TheStreet upgraded Express from a “d+” rating to a “c-” rating in a report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $8.20.
TRADEMARK VIOLATION NOTICE: This story was first published by Daily Political and is the property of of Daily Political. If you are accessing this story on another publication, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/11/30/express-expr-issues-earnings-results.html.
Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise. The Company targets women and men between 20 and 30 years old. It offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeanswear and going-out occasions.
Receive News & Ratings for Express Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Inc. and related companies with MarketBeat.com's FREE daily email newsletter.