Caleres Inc expected to post earnings of 85 cents a share - Earnings Preview

Caleres

15/03/2024 13:01

* Caleres Inc  CAL.N   CAL  is expected to show a fall in
quarterly revenue when it reports  results on March 19 for the
period ending January 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
0.3% decrease in revenue to $694.328 million from $696.43
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Caleres Inc is for
earnings of
85 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Caleres Inc
is
$40.50​, above​ its last closing price of $38.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  1.30        1.29       1.37      Beat    6
 Jul. 31 2023  0.89        0.88       0.98      Beat    11
 Apr. 30 2023  0.94        0.94       0.97      Beat    3.7​
 Jan. 31 2023  0.65        0.65       0.65      Met     0.4
 ​​Oct.        1.12        1.12       1.15      Beat    2.9
 31 2022                                                
 Jul. 31 2022  1.32        1.32       1.38      Beat    4.3​
 Apr. 30 2022  0.84        0.83       1.32      Beat    59
 Jan. 31 2022  0.67        0.67       0.91      Beat    35.8
 This summary was machine generated March 15 at 13:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)