Express (EXPR) Set to Announce Quarterly Earnings on Wednesday
Express (NASDAQ:EXPR) will announce its Q214 earnings results on Wednesday, August 27th. Express has set its Q2 guidance at $(0.03)-0.03 EPS and its FY15 guidance at $0.74-0.90 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
Express (NASDAQ:EXPR) last announced its earnings results on Thursday, May 29th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.08. The company had revenue of $460.70 million for the quarter, compared to the consensus estimate of $464.06 million. During the same quarter last year, the company posted $0.38 earnings per share. Express’s revenue was down 9.6% compared to the same quarter last year. On average, analysts expect Express to post $0.81 EPS for the current fiscal year and $1.04 EPS for the next fiscal year.
Shares of Express (NASDAQ:EXPR) opened at 14.63 on Tuesday. Express has a 1-year low of $11.80 and a 1-year high of $25.05. The stock has a 50-day moving average of $15.43 and a 200-day moving average of $15.69. The company has a market cap of $1.229 billion and a price-to-earnings ratio of 13.69.
EXPR has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Express from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $14.60 price target on the stock. On the ratings front, analysts at Janney Montgomery Scott upgraded shares of Express from a “neutral” rating to a “buy” rating in a research note on Monday, June 23rd. They now have a $22.33 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Express from $16.00 to $20.00 in a research note on Tuesday, June 17th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Express currently has an average rating of “Buy” and a consensus price target of $18.69.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.