Express, Inc. Reports First Quarter 2017 EPS in Line with Guidance; Introduces Second Quarter Guidance and Revises Full Year 2017 Outlook

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Express Inc. (EXPR) PT Lowered to $6 at UBS Following 1Q Miss

June 2, 2017 9:39 AM EDT

UBS lowered its price target on Express Inc. (NYSE: EXPR) to $6.00 (from $8.00) while maintaining a Sell rating. EXPR reported 1Q EPS of -$0.03 missing the Street estimates of -$0.02, driven by -10% SSS (Street: -7.7%).

UBS lowered 2017 EPS estimate to $0.44 from $0.69 and 2018 EPS estimates to $0.58 from $0.83.

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Express Inc. (EXPR) PT Lowered to $6 at Deutsche Bank

June 2, 2017 7:50 AM EDT

Deutsche Bank lowered its price target on Express Inc. (NYSE: EXPR) to $6.00 (from $8.00) while maintaining a Hold rating.

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Express (EXPR) Misses Q1 EPS by 1c; Guides Lower

June 1, 2017 6:48 AM EDT

Express (NYSE: EXPR) reported Q1 EPS of ($0.03), $0.01 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $467 million versus the consensus estimate of $468.64 million.

First quarter net sales decreased by 7% to $467.0 millionFirst quarter loss of $0.06 per share,... More