Express (EXPR) Tops Q3 EPS by 5c, Comps Decline 5%, Offers Guidance
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Express (NYSE: EXPR) reported Q3 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $488.5 million versus the consensus estimate of $483.25 million.
- consolidated comparable sales down 5%.
Guidance:
Fourth Quarter 2019 Guidance |
| Fourth Quarter 2018 Results | |
Comparable Sales | (1)% to (3)% |
| (6)% |
Effective Tax Rate | Approximately 26% |
| 125.3% |
Interest Income, Net | $0.9 million |
| $0.1 million |
Net Income/(Loss) | $10.5 to $13.5 million |
| ($1.1) million |
Adjusted Net Income | N/A |
| $12.8 million(1) |
Diluted EPS | $0.16 to $0.21 |
| ($0.02) |
Adjusted Diluted EPS | N/A |
| $0.19(1) |
Weighted Average Diluted Shares Outstanding | 64.8 million |
| 68.2 million |
For earnings history and earnings-related data on Express (EXPR) click here.
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