Those numbers beat its earnings of US$22.8mln, or 29 USA cents a share, in the 13 weeks that ended January 28, 2017, and also were better than analysts' consensus estimate of 32 cents a share.
For the year, the company reported profit of $19.4 million, or 25 cents per share.
Sales in the quarter rose 2.2%, to US$693.8mln from US$678.8mln a year earlier.
General Electric (NYSE:GE) Stake Decreased by Convergence Investment Partners LLC
It worsened, as 44 investors sold CELG shares while 457 reduced holdings. 118 funds opened positions while 525 raised stakes. Morgan Stanley maintained General Electric Company (NYSE:GE) on Monday, October 2 with "Equal-Weight" rating.
For the full year of 2018, Express, Inc.is expecting earnings per share to range from 32 cents to 46 cents.
Ahmet Okumus decreased its stake in Express Inc (EXPR) by 71.04% based on its latest 2017Q3 regulatory filing with the SEC. Analysts' are estimating earnings per share of 35 cents for the year.
Looking forward, for the quarter ending Apr-18, 6 analysts have a mean sales target of 459.91 million.
What Does The Data Behind The Walt Disney Company (NYSE:DIS) Suggest?
The current share price indicates that stock is -6.04% away from its one year high and is moving 55.63% ahead of its 52-week low. Vigilant Capital Mngmt Limited Company holds 0.04% of its portfolio in The Walt Disney Company (NYSE:DIS) for 2,491 shares.
Express Inc (NYSE:EXPR) as of current trade, has shown weekly performance of -1.87% which was maintained at 7.45% in one month period. For the next financial year, analysts forecast that the company will report sales of $2.10 billion per share, with estimates ranging from $2.09 billion to $2.11 billion. Following the announcement, the stock was up over 5% at $7.80 in early trading indications Wednesday. (NYSE:EXPR) earned "Hold" rating by BMO Capital Markets on Wednesday, July 5. Express had a net margin of 0.60% and a return on equity of 3.85%. Northern Trust Corp raised its stake in shares of Express by 2.4% during the 2nd quarter.
A number of other institutional investors also recently added to or reduced their stakes in EXPR.
Express Inc (NYSE:EXPR) has grabbed attention from the analysts, when it saw a value increase of 0.55% or 0.04 points in the last trading session to close at $7.34. The rating was maintained by SunTrust on Thursday, September 28 with "Hold". The firm has "Market Outperform" rating by BlueFin Research given on Wednesday, March 23. The biggest holder now is Michael A. Weiss who owns 1,541,972 shares (1.97% of those outstanding), whilst Mr. David G. Kornberg holds 532,025 (0.68% of shares outstanding) and Ms. Fran Horowitz-Bonadies holds 414,587 (0.53% of shares outstanding). The stock presently has an average rating of "Hold" and a consensus target price of $8.75. Express has a consensus rating of "Hold" and a consensus target price of $8.88. Great Lakes Advisors Llc owns 203,410 shares or 0.05% of their U.S. portfolio. Public Employees Retirement System of OH raised its holdings in shares of Express by 29.5% in the 2nd quarter. Public Employees Retirement System of OH now owns 20,739 shares of the company's stock worth $140,000 after purchasing an additional 4,722 shares during the last quarter. The company has Beta Value of 0.95 and ATR value of 0.35. Hedge funds and other institutional investors own 98.40% of the company's stock. Finally, FNY Managed Accounts LLC acquired a new position in shares of Express during the 3rd quarter worth $201,000. The company rocked its 52-Week High of $11.34 and touched its 52-Week Low of $5.28.
Winter weather advisory in effect for Triad
A low pressure system will continue to track across the region early this afternoon with light snowfall still possible. One to two inches of snow were expected north of I-85 across the northern Piedmont, in Vance and Warren counties.
Express announced that its Board of Directors has initiated a stock buyback plan on Thursday, November 30th that permits the company to repurchase $150.00 million in outstanding shares. The company's Relative Strength Index which shows price strength now stands at 52.34. Municipal Employees Retirement System of MI now owns 29,420 shares of the company's stock worth $199,000 after purchasing an additional 10,930 shares during the last quarter.