Express, Inc. (NYSE:EXPR) is reporting second quarter financial results on Wednesday 26th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, EXPR is expected to report 2Q20 loss of $ 1.16 per share from revenue of $ 257.31 million.
For the full year, analysts anticipate top line of $ 1433.42 million, while looking forward to loss of $ 2.86 per share bottom line.
Previous Quarter Performance
Express, Inc. reported loss for the first quarter of $ 1.55 per share, from the revenue of $ 210.28 million. The consensus estimates are loss of $ 0.23 per share from $ 407.62 million in revenue. The top line results fell short of analysts by $ 197.34 million or 48.41 percent.
Stock Performance
Shares of Express, Inc. traded high $ 0.09 or 8.10 percent on Tuesday, reaching $ 1.14 with volume of 1.85 million shares. The stock opened positive for the day at $ 1.07, after closing the previous day trading at $ 1.05.
According to the previous trading day, closing price of $ 1.05, representing a 5.00 % increase from the 52 week low of $ 1.00 and a 83.17 % decrease over the 52 week high of $ 6.24.
The company has a market capital of $ 73.16 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Express, Inc. will be hosting a conference call at 8:30 AM eastern time on 26th August 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (877) 683-0508 Toll Free, (United States) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website event.on24.com/wcc/r/2588896/00959B9E5E2D6C2F3F492AD644C81BE7
Express, Inc. operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions.
