Express Inc expected to post a loss of 56 cents a share - Earnings Preview

Express

25/08/2023 13:38

* Express Inc  EXPR.N   EXPR.K  is expected to show a fall
in
quarterly revenue when it reports  results on August 29
(estimated). 
    * The Columbus Ohio-based  company is expected to report  a
5.2% decrease in revenue to $440.648 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 56 cents 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
$2​, above​ its last closing price of $0.51. ​​​

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 August 25 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated