Express Expects Q2 Net Sales Of $400M-$450M (Consensus $449.88M), EPS Of $(0.50)-$(0.60)
Portfolio Pulse from Benzinga Newsdesk
Express Inc. expects Q2 net sales to be between $400M-$450M, with EPS ranging from $(0.50)-$(0.60), compared to the consensus estimate of $449.88M in net sales.
May 24, 2023 | 9:42 am
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NEUTRAL IMPACT
Express Inc. anticipates Q2 net sales of $400M-$450M and EPS of $(0.50)-$(0.60), which is in line with the consensus estimate of $449.88M in net sales.
Express Inc.'s Q2 net sales and EPS guidance are in line with the consensus estimate, which suggests that the stock price will likely remain stable in the short term. The news is important for investors as it provides insight into the company's financial performance, but the neutral score indicates that the impact on the stock price will be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100