New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2014
10:32 EDTEXPR, URBN, AEOExpress tumbles after earnings, guidance disappoint
Shares of apparel and accessory retailer Express (EXPR) are tumbling after the company reported fourth quarter earnings per share that fell below analysts' expectations and also guided below analysts' expectations for the new quarter and fiscal year. WHAT'S NEW: Express reported fourth quarter earnings per share of 57c, which fell slightly below analysts' consensus of 59c. The company's revenue of $715.88M was also lower than the consensus estimate of $721.13M. Express blamed a heavier than planned pace of promotions as a major impact to its top line and margins. Express sees FY14 same-store sales in the negative low single digits to flat. The company also guided first quarter earnings per share of 12c-18c, well below analysts' estimations of 41c, and FY14 earnings per share of $1.03-$1.23, missing the $1.58 consensus. Express said the start of FY14 has been "extremely difficult," citing significantly lower traffic, negative comparable sales and the promotional environment remaining intense. The retailer said it expects the promotional environment will continue and that full-year results will be impacted right from the beginning, but it feels optimistic that earnings per share growth will return in the second half of FY14. OTHERS TO WATCH: Retail rivals to Express include American Eagle (AEO) and Urban Outfitters (URBN), both of whom reported on their own fourth quarters in the last two days. It is notable that both American Eagle and Urban Outfitters were downgraded this morning, with Morgan Stanley downgrading American Eagle to Underweight from Equal Weight and Urban Outfitters being downgraded to Equal Weight from Overweight at Barclays. PRICE ACTION: During morning trading, shares of Express fell 10.3% to $16.36.
News For EXPR;URBN;AEO From The Last 14 Days
Check below for free stories on EXPR;URBN;AEO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
August 19, 2014
15:16 EDTAEONotable companies reporting before tomorrow's open
Subscribe for More Information
14:43 EDTAEOAmerican Eagle September 11 straddle priced for 12.3% move into Q2
11:53 EDTURBN, AEOAeropostale soars as Geiger returns as CEO
Subscribe for More Information
11:18 EDTAEOStocks with call strike movement; AEO TSLA
American Eagle (AEO) February 14 call option implied volatility decreased 2% to 39, Tesla (TSLA) December 285 call option implied volatility decreased 3% to 39 according to IVolatility.
10:28 EDTAEOHigh option volume stocks
Subscribe for More Information
10:13 EDTURBNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:01 EDTURBNUrban Outfitters shares should be bought on weakness, says Stifel
Subscribe for More Information
07:14 EDTURBNUrban Outfitters Urban brand turnaround on track, says RBC Capital
Subscribe for More Information
05:48 EDTAEOStocks with implied volatility movement; AEO YHOO
Subscribe for More Information
05:24 EDTURBNUrban Outfitters upgraded to Outperform from Neutral at RW Baird
RW Baird upgraded Urban Outfitters to Outperform citing a more favorable risk/reward following the company's Q2 results. Baird highlights merchandise improvements at the namesake brand and momentum at Anthropologie and Free People. The firm raised its price target for shares to $44 from $40.
August 18, 2014
18:21 EDTURBNOn The Fly: After Hours Movers
Subscribe for More Information
17:45 EDTURBNUrban Outfitters has no intentions to close 'college stores'
Subscribe for More Information
16:04 EDTURBNUrban Outfitters reports Q2 SSS flat
Q2 comparable Retail segment net sales, which include comparable direct-to-consumer channel, were flat.
16:03 EDTURBNUrban Outfitters reports Q2 EPS 49c, consensus 49c
Subscribe for More Information
15:26 EDTURBNNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Urban Outfitters (URBN), consensus 49c; Fabrinet (FN), consensus 35c.
12:32 EDTURBNUrban Outfitters technical comments ahead of earnings
Subscribe for More Information
11:46 EDTURBNUrban Outfitters consensus estimates to come down, says Maxim
Subscribe for More Information
11:05 EDTURBNOptions with increasing implied volatility
Subscribe for More Information
10:08 EDTURBNUrban Outfitters volatility increases into Q2 and outlook
Subscribe for More Information
06:24 EDTURBNOptions expected to be active
Subscribe for More Information
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use