On Wednesday, March 13, Express (NYSE: EXPR) will release its latest earnings report. Check out Benzinga's report to
understand the earnings report's implications.
Earnings and Revenue
Wall Street analysts see Express reporting earnings of 16 cents per share on sales of $629.63 million.
Express reported a per-share profit of 34 cents when it published results during the same quarter last year. Sales in that
period totaled $693.81 million. Analysts estimate would represent a 52.94 percent decrease in the company's earnings. Sales would
be down 9.25 percent from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like
this:
| Quarter |
Q3 2018 |
Q2 2018 |
Q1 2018 |
Q4 2017 |
| EPS Estimate |
0.11 |
0 |
-0.02 |
0.32 |
| EPS Actual |
0.11 |
0.03 |
0.01 |
0.34 |
Stock Performance
Over the last 52-week period, shares are down 32.15 percent. Given that these returns are generally negative, long-term
shareholders are likely a little upset going into this earnings release. Over the past 90 days, analysts have adjusted their
estimates lower for EPS and revenues. The average rating by analysts on Express stock is a Neutral. The validity of this rating has
maintained conviction over the past 90 days.
Conference Call
Express's Q4 conference call is scheduled to begin at 9:00 a.m. ET and can be
accessed here.
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