Express Earnings Preview
Portfolio Pulse from Benzinga Insights
Express (NYSE:EXPR) is scheduled to release its quarterly earnings report on Thursday, 2023-11-30. Analysts predict an EPS of $-7.18. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Express has had mixed results with earnings beats and stock price reactions. Shares are currently trading at $9.51, down 66.28% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
November 29, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Express is anticipated to report a quarterly EPS of $-7.18. A beat on this estimate and positive future guidance could positively impact the stock price, while a miss or negative guidance could lead to a decline.
The stock price of Express may be influenced by the upcoming earnings report. Historical data shows mixed reactions to past earnings releases, with both beats and misses followed by declines in stock price. The current bearish sentiment due to a 66.28% drop over the last 52 weeks could be exacerbated by a negative report or improved by a positive one. However, the market's focus on guidance over actual earnings beat or miss adds uncertainty to the potential impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100