Express EXPR reported its Q1 earnings results on Wednesday, May 24, 2023 at 05:30 AM.
Here's what investors need to know about the announcement.
Earnings
Express missed estimated earnings by 26.92%, reporting an EPS of $-0.99 versus an estimate of $-0.78.
Revenue was down $67.53 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 11.76% drop in the share price the next day.
Here's a look at Express's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.72 | -0.29 | 0.09 | 0.15 |
| EPS Actual | -0.63 | -0.50 | 0.10 | -0.10 |
| Revenue Estimate | 536.68M | 451.77M | 479.62M | 435.74M |
| Revenue Actual | 514.33M | 434.14M | 464.92M | 450.79M |
To track all earnings releases for Express visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Posted In: EarningsBZI-Recaps