11.03.2015 - Retailer Express improved forecasts
The American company Express has improved its earnings forecast for this quarter. According to analysts, the company will receive 11-14 cents earnings per share. Analysts predict a rise in sales in the company's stores, number of which around 600 stores most of which are located in shopping centers. Previously, the company reported a profit of 41.8 million, against 47.9 million for the same period last year. We expect moderate growth in the company's shares by 13-16% by the end of the year.