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Thursday, December 3, 2015

Express (EXPR) reported earnings Thur 3 Dec 2015 (before open)

** charts before earnings **







** charts after earnings **








Express beats by $0.02, reports revs in-line; guides Q4 EPS in-line :
  • Reports Q3 (Oct) earnings of $0.31 per share, $0.02 better than the Capital IQ Consensus of $0.29; revenues rose 9.8% year/year to $546.6 mln vs the $541.51 mln Capital IQ Consensus.
    • Comps +6% vs. mid single digit guidance.
  • Co issues in-line guidance for Q4, sees EPS of $0.60-0.64 vs. $0.61 Capital IQ Consensus; comps up mid single digits.

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