Express Inc expected to post a loss of $7.18 a share - Earnings Preview

Express

28/11/2023 14:50

* Express Inc  EXPR.N   EXPR.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 30 for
the period ending July 31 2023
    * The Columbus Ohio-based  company is expected to report a
8.5% increase in revenue to $471.244 million from $434.15
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on September
6 2023, for the period ended October 31, was for revenue between
$460.00 million and $490.00 million. (Mejority is on Net Revenue
Basis)
    * ​LSEG's mean analyst estimate for Express Inc is for a
loss of
$7.18 per share. The company's EPS guidance on September 6 2023,
for the period ended October 31, was between $-7.50 and $-5.50 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Express Inc
is
$30.00​, above​ its last closing price of $9.11. ​​​

The company's guidance on September 6 2023 for the period ended
October 31 was for gross profit margin of USD25.78%.
This summary was machine generated November 28 at 14:50 GMT. 
All figures in US dollars unless otherwise stated