Express Inc. (EXPR) announced after the bell Monday that fourth quarter comparable sales are now expected to be flat to up 1%, compared to its previous forecast of a decrease in the low single digit range. Net income is currently expected to be between $0.72 and $0.74 per share, compared to previous guidance of $0.62 to $0.68 per share. The consensus estimate is for EPS of $0.66.
Full year 2012 net income is currently estimated at $1.56 to $1.59 per share, compared to previous guidance of $1.47 to $1.53 per share. The consensus estimate is for EPS of $1.50.
Express has gapped open sharply higher Tuesday and is now up 2.39 at $16.45. The stock has broken out of a month and a half long range and has set nearly a 4-month high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.