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Benzinga

Business

Adam Eckert

Why Express Stock Is Surging Today

Express Inc (NYSE:EXPR) shares are trading higher Wednesday after the company reported better-than-expected top-line results and raised full-year guidance.

Express said first-quarter revenue increased 30% year-over-year to $480.8 million, which beat the estimate of $435.74 million, according to data from Benzinga Pro. The company reported a quarterly loss of 10 cents per share, which may not compare to estimates for earnings of 15 cents per share.

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