Express Inc expected to post a loss of $11.11 a share - Earnings Preview

Express

04/09/2023 12:03

* Express Inc  EXPR.N   EXPR.K  is expected to show a fall
in
quarterly revenue when it reports  results on September 6. 
    * The Columbus Ohio-based  company is expected to report  a
5.2% decrease in revenue to $440.718 million from $464.92
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
August 17 2023, for the period ended July 31, was for revenue
between $400.00 million and $450.00 million.
    * ​Refinitiv's mean analyst estimate for Express Inc is for
a loss
of $11.11 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Express Inc
is
$40​, above​ its last closing price of $9.71. ​​​

The company's guidance on May 24 2023 for the period ended July
31 was for gross profit margin of USD25.05%.
This summary was machine generated September 4 at 11:03 GMT. 
All figures in US dollars  unless otherwise stated