NEW YORK (TheStreet) -- Shares of Express, Inc are surging 11.38% to $16.25 in pre-market trading this morningaafter the company reported its fiscal second quarter earnings that beat analysts' estimates, and increased its full year outlook. The retailer'safiscal second quarter net income was $6.87 million, or 8 cents a share, a -59% drop from $16.9 million, or 20 cents a share one year ago, butabeating analysts expectations of a break even quarter. Express raised its outlook for the full year and said it forecasts earnings between 85 cents and 95 cents a share, compared to its previous range of 74 cents to 90 cents per share. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates EXPRESS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate EXPRESS INC (EXPR) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins." You can view the full analysis from the report here: EXPR Ratings Report EXPR data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.
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