Express's Earnings Outlook
On Thursday, December 03, Express (NYSE:EXPR) will release its latest earnings report. Here is Benzinga's outlook for the company.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Wall Street expects an EPS loss of $0.51 and sales around $376.37 million. In the same quarter last year, Express posted a loss of $0.03 per share on sales of $488.48 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street consensus estimate for earnings would represent a 1600.0% decrease for the company. Revenue would have fallen 22.95% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:
EPS Estimate | -1.16 | -0.28 | 0.18 | -0.09 |
EPS Actual | -1.48 | -1.55 | 0.19 | -0.03 |
Revenue Estimate | 257.31 M | 323.54 M | 604.80 M | 483.25 M |
Revenue Actual | 245.70 M | 210.28 M | 606.73 M | 488.48 M |
Stock Performance
Shares of Express were trading at $1.66 as of December 01. Over the last 52-week period, shares are down 69.2%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not 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.
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