UPDATE: UBS Downgrades Express Inc. (EXPR) to Sell
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FBR Capital Cuts Price Target on Express (EXPR) Following 2Q EPS Miss
August 25, 2016 7:00 AM EDTFBR Capital reiterated a Market Perform rating on Express Inc. (NYSE: EXPR), and cut the price target to $13.00 (from $18.00), following the company's 2Q earnings report. EXPR reported an EPS miss of $0.13, versus the consensus of $0.17.
Analyst Susan Anderson commented, "EXPR reported a 2Q16 EPS... More
Express (EXPR) Misses Q2 EPS by 4c: Comps Miss Estimates; Issues Light Q3, FY16 EPS Outlook
August 24, 2016 6:46 AM EDTExpress (NYSE: EXPR) reported Q2 EPS of $0.13, $0.04 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $504.8 million versus the consensus estimate of $520.95 million.
Comparable sales (including e-commerce sales) decreased 8%, compared to a 7% increase in the second... More