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Express: Fiscal 1Q Earnings Snapshot

COLUMBUS, Ohio (AP) _ Express Inc. (EXPR) on Thursday reported a fiscal first-quarter loss of $9.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Columbus, Ohio-based company said it had a loss of 15 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share.

The clothing and accessories chain posted revenue of $451.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $427.9 million.

The company's shares closed at $3.18. A year ago, they were trading at $8.84.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXPR at https://www.zacks.com/ap/EXPR