Shares of Express (NYSE:EXPR) moved higher by 10.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 101.35% over the past year to $0.02, which beat the estimate of ($0.30).
Gainers
Regencell Bioscience Holdings Limited (NASDAQ: RGC) rose 40.1% to $21.43 in pre-market trading after gaining over 11% on Tuesday. Regencell Bioscience recently reported partial exercise of underwriter’s over-allotment option.
Express (NYSE:EXPR) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.30) by 106.67 percent. This is a 101.35 percent increase over losses of $(1.48) per share from the same
Companies Reporting Before The Bell
• Jiayin Gr (NASDAQ:JFIN) is projected to report quarterly earnings at $0.21 per share on revenue of $54.80 million.
Shares of companies in the broader retail sector, including Express, Inc. (NYSE: EXPR) are trading lower following a drop in US retail sales. COVID-19 concerns and weak data have also led to fears of slowing economic growth.
Gainers
OneSmart Intl Edu Group (NYSE:ONE) shares increased by 2.58% to $0.59 during Monday's after-market session. The market value of their outstanding shares is at $96.1 million.