Express (NYSE: EXPR) announces its next round of earnings this Wednesday, August 26. Here is Benzinga's look at Express's Q2 earnings report.
Earnings and Revenue
Wall Street expects an EPS loss of $1.16 and sales around $257.31 million. In the same quarter last year, Express reported a loss per share of $0.13 on revenue of $472.75 million. If the company were to report inline earnings when it publishes results Wednesday, quarterly profit would be down 792.31%. Sales would be down 20.47% on a year-over-year basis.
The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.28 | 0.18 | -0.09 | -0.15 |
| EPS Actual | -1.55 | 0.19 | -0.03 | -0.13 |
| Revenue Estimate | 323.54 M | 604.80 M | 483.25 M | 458.68 M |
| Revenue Actual | 210.28 M | 606.73 M | 488.48 M | 472.75 M |
Stock Performance
Over the past 52-week period, shares of Express have declined 52.34%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Considering these returns, long-term shareholders will likely be feeling unsatisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Express is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/wcc/r/2588896/00959B9E5E2D6C2F3F492AD644C81BE7
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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