Express (NYSE:EXPR) Issues Q4 2019 Pre-Market Earnings Guidance
Express (NYSE:EXPR) issued an update on its fourth quarter 2019
Pre-Market earnings guidance on Wednesday morning. The company provided EPS guidance of 0.17-0.19 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.19. Express also updated its Q4 guidance to $0.17-0.19 EPS.
Express stock opened at $5.05 on Friday. The firm’s 50 day simple moving average is $4.96 and its 200-day simple moving average is $3.38. The company has a market cap of $320.17 million, a P/E ratio of -14.03 and a beta of 1.13. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.39. Express has a fifty-two week low of $1.83 and a fifty-two week high of $6.24.
Express (NYSE:EXPR) last released its earnings results on Thursday, December 5th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.06. The business had revenue of $488.50 million for the quarter, compared to the consensus estimate of $483.25 million. Express had a negative net margin of 1.17% and a negative return on equity of 1.38%. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period last year, the firm posted $0.11 earnings per share. On average, analysts expect that Express will post -0.12 EPS for the current fiscal year.
Express, Inc operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America.
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