Express (EXPR) Tops Q2 EPS by 2c; Comps Up 6%; Boosts FY11 EPS Outlook, Guides Q3 EPS

August 24, 2011 4:04 PM EDT
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Express (NYSE: EXPR) reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $446 million versus the consensus estimate of $439.12 million.

Comparable sales increased 6%.

Express sees Q3 2011 EPS of $0.33-$0.36, versus the consensus of $0.35.

Express sees FY2011 EPS of $1.57-$1.63, versus prior guidance of $1.52-$1.61 and the consensus of $1.58.


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