Friday, June 2, 2017

Express Inc. (EXPR) Plunged To A New Low On Disappointing Guidance

Express Inc. (EXPR) reported a first quarter loss of $0.07 per share Thursday morning, compared to a profit of $0.25 per share last year. Analysts expected a loss of $0.02 per share. The company expects to report second quarter EPS between a loss of $0.03 and a profit of $0.01. Full year EPS is expected to be between $0.41 and $0.48. Street expectations are for EPS of $0.08 and $0.67 respectively.

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