Express (EXPR) Stock: Why The Price Went Up Over 9% Today

By Amit Chowdhry ● May 25, 2022
  • The stock price of Express, Inc. (NYSE: EXPR) increased by over 9% during intraday trading today. This is why.

The stock price of Express, Inc. (NYSE: EXPR) increased by over 9% during intraday trading today. Investors are responding positively to the company’s first-quarter results.

Express had reported a Q1 EPS of ($0.10), which was $0.05 higher than analyst estimates of ($0.15). And the revenue for the quarter was $450.8 million compared to the consensus estimates of $435.74 million.

Going forward, Express expects a FY2022 EPS of between $0.14 and $0.20, compared to a consensus of $0.17.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.