Express, Inc. Reports Strong Sales and Profit Growth During the Fourth Quarter with Diluted EPS Increasing 37% to $0.67; Introduces First Quarter and Full Year 2016 Outlook
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Brean Capital Raises Price Target on Express (EXPR) Following Solid 4Q
March 10, 2016 10:11 AM ESTBrean Capital reiterated a Buy rating on Express Inc. (NYSE: EXPR), and raised the price target to $27.00 (from $25.00), following the company's 4Q earnings report. Adjusted EPS was $0.67, exceeding Street estimate's of $0.65 as well as the high end of the companys recently raised guidance of $0.63 to $0.65, with the beat being primarily driven by solid expense control.... More
Wedbush Raises Price Target on Express (EXPR) Following a Strong 4Q and Guidance
March 10, 2016 9:43 AM ESTWedbush reiterated an Outperform rating on Express Inc. (NYSE: EXPR), and raised the price target to $27.00 (from $26.00), following the company's 4Q earnings report. EXPR reported EPS of $0.67, $0.02 ahead of consensus expectations. SSS came in at +4%, above consensus expectations for +3% and accelerating by 100 bps from 3Q15,... More
FBR Capital Reiterates Market Perform Following Express' (EXPR) Strong 4Q Earnings
March 10, 2016 7:31 AM ESTFBR Capital maintained a Market Perform rating and $20.00 price target on Express Inc. (NYSE: EXPR) following the company's 4Q earnings report. EXPR reported an EPS beat of $0.67, versus consensus of $0.65. Also, Since EXPR retired its debt in 1Q15, it has shifted focus to repurchasing stock. In 4Q15, EXPR repurchased 2.7 million common shares for ~$47 million. Management guided 1Q16... More
Stifel Sees Strong Start to Q1 for Express (EXPR); Reaffirms at 'Buy' Following Q4 Report
March 9, 2016 2:33 PM ESTStifel affirms Express (NYSE: EXPR) with a Buy rating and $24 price target after the company's Q4 earnings report earlier Wednesday.
Analyst Richard Jaffe noted the following points with this afternoon's press release:
Strong Start to 1Q -... MoreExpress (EXPR) Tops Q4 EPS by 2c; Guides Q1, FY16 EPS
March 9, 2016 6:51 AM ESTExpress (NYSE: EXPR) reported Q4 EPS of $0.67, $0.02 better than the analyst estimate of $0.65. Revenue for the quarter came in at $765.6 million versus the consensus estimate of $769.34 million.
Comparable sales increase 4%.
GUIDANCE:
Express sees Q1 2016 EPS of $0.25-$0.28, versus the... More
