Express, Inc. Reports Third Quarter 2016 Results; Introduces Fourth Quarter Guidance and Revises Full Year 2016 Outlook
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FBR Capital Cuts Price Target on Express (EXPR) Following 3Q EPS Miss
December 2, 2016 7:29 AM ESTFBR Capital maintained a Market Perform rating on Express Inc. (NYSE: EXPR), and cut the price target to $12.00 (from $13.00), following the company's 3Q earnings report. EXPR reported EPS of $0.11, missing the consensus estimates of $0.13. FBR cut 4Q EPS estimates to $0.30 from $0.55.
Analyst Susan... More
Mizuho Securities Cuts Price Target on Express (EXPR) Following 3Q Miss
December 1, 2016 4:39 PM ESTMizuho Securities maintained an Outperform rating on Express Inc. (NYSE: EXPR), and cut the price target to $13.00 (from $14.00), following the company's 3Q earnings release. 3Q EPS of $0.11 was below the consensus estimate of $0.13. Sales declined to $506.1mm with a +15% increase in DTC sales. Given the... More
Express (EXPR) Tops Q3 EPS by 2c; Comps Outpaced; FY16 EPS Outlook Below Views
December 1, 2016 6:47 AM ESTExpress (NYSE: EXPR) reported Q3 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $506.1 million versus the consensus estimate of $498.75 million.
E-commerce sales increased 15% to $96.3 million.
Comps fell 8 percent, versus a drop of 9.9 percent... More
