Express (EXPR) Posts Q3 EPS of $0.38, Tops by 8c; Comps Up 2%; Declares $0.56 Special Dividend; 3.6% Yield; Increases FY10 EPS Outlook, Guides Q410
Express, Inc. (Nasdaq: EXPR) reports Q3 EPS of $0.38, 8 cents better than the analyst estimate of $0.30. Revenue for the quarter was $450.6 million, which compares to the estimate of $447.52 million.
Comps up 2%.
The Company announced today that its Board of Directors declared a special dividend of $0.56 per share.
The dividend is payable December 23, 2010 to shareholders of record at the close of business on December 16, 2010. The ex-dividend date is December 14, 2010.
Yield on the dividend is 3.6%.
Sees Q410 comps up low to mid single digits. EPS is expected to be $0.45 - $0.51. Consensus sees an EPS of $0.45.
FY10 comps expected to increase mid-single digits, with an EPS outlook increased from $1.27 - $1.33 to $1.31 - $1.37. Consensus sees an EPS of $1.32.... Read more
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