Express Inc expected to post a loss of 29 cents a share - Earnings Preview

Express

06/12/2022 13:52

* Express Inc  EXPR.N   EXPR.K  is expected to show a fall
in
quarterly revenue when it reports  results on December 8. 
    * The Columbus Ohio-based  company is expected to report  a
4.3% decrease in revenue to $451.775 million from $471.98
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Express Inc is for
a loss
of 29 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * 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
$5.5​, above​ its last closing price of $1.35. ​​​

The company's guidance on August 31 2022 for the period ended
October 31 was for gross profit margin of 29.723%.
This summary was machine generated December 6 at 13:52 GMT.  All
figures in US dollars  unless otherwise stated