Express, Inc. (NYSE:EXPR) to Post Q4 2024 Earnings of $0.17 Per Share, Telsey Advisory Group Forecasts

Express, Inc. (NYSE:EXPR – Get Rating) – Research analysts at Telsey Advisory Group dropped their Q4 2024 earnings per share (EPS) estimates for shares of Express in a research note issued to investors on Thursday, May 25th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $0.17 for the quarter, down from their prior forecast of $0.19. The consensus estimate for Express’ current full-year earnings is ($1.60) per share. Telsey Advisory Group also issued estimates for Express’ Q1 2025 earnings at ($0.40) EPS, Q2 2025 earnings at ($0.18) EPS, Q3 2025 earnings at ($0.12) EPS and Q4 2025 earnings at $0.25 EPS.

Express (NYSE:EXPR – Get Rating) last released its quarterly earnings results on Friday, March 24th. The company reported ($0.63) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.09. Express had a negative return on equity of 112.84% and a net margin of 12.93%. The firm had revenue of $514.33 million during the quarter, compared to analysts’ expectations of $536.68 million. During the same period last year, the firm posted $0.11 EPS.

Separately, StockNews.com cut Express from a “hold” rating to a “sell” rating in a report on Friday.

Express Trading Down 3.0 %

EXPR stock opened at $0.65 on Friday. The business has a fifty day moving average price of $0.80 and a 200 day moving average price of $1.00. Express has a fifty-two week low of $0.65 and a fifty-two week high of $3.17. The stock has a market capitalization of $47.96 million, a price-to-earnings ratio of 0.19 and a beta of 1.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.31.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Barclays PLC boosted its position in Express by 88.7% in the 1st quarter. Barclays PLC now owns 32,547 shares of the company’s stock valued at $25,000 after buying an additional 15,297 shares during the last quarter. Wells Fargo & Company MN boosted its position in Express by 13,293.8% in the 4th quarter. Wells Fargo & Company MN now owns 25,850 shares of the company’s stock valued at $26,000 after buying an additional 25,657 shares during the last quarter. Engineers Gate Manager LP bought a new position in Express in the 4th quarter valued at $27,000. Millennium Management LLC bought a new position in Express in the 4th quarter valued at $40,000. Finally, Prudential Financial Inc. bought a new position in Express in the 2nd quarter valued at $41,000. 48.19% of the stock is currently owned by institutional investors.

About Express

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Express, Inc is a dual gender apparel and accessories brand. It operates retail and outlet stores in the United States and Puerto Rico, located primarily in high-traffic shopping malls, lifestyle centers, outlet centers, and street locations. The company reports results as a single segment, which includes the operation of its Express brick-and-mortar retail and outlet stores, eCommerce operations, and franchise operations.