Express, Inc. Reports Solid Top Line And Profit Growth For The Third Quarter; Raises Full Year 2015 Outlook

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UBS Lowers Price Target on Express (EXPR); Positive Q3 an 'Outlier'

December 4, 2015 7:58 AM EST

UBS maintained a Neutral rating on Express Inc. (NYSE: EXPR), price target of $18.00 (from $22.00), following the company's 3Q earnings report. Black Friday weekend "met expectations" with sales more spread out over the entire holiday week. However, the 3Q comp beat (+6% vs +MSD... More

Express (EXPR) Tops Q3 EPS by 2c; Guides Q4, FY16 EPS Flat with Views

December 3, 2015 6:46 AM EST

Express (NYSE: EXPR) reported Q3 EPS of $0.31, $0.02 better than the analyst estimate of $0.29. Revenue for the quarter came in at $546.6 million versus the consensus estimate of $541.43 million.

Comparable sales increased 6%.

GUIDANCE:

Express sees Q4 2015 EPS of $0.60-$0.64, versus the... More