Recap: Express Q1 Earnings

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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