Caleres Inc expected to post earnings of 88  cents a share - Earnings Preview

Caleres

29/08/2023 14:59

* Caleres Inc  CAL.N   CAL  is expected to show a fall in
quarterly revenue when it reports  results on August 31. 
    * The St. Louis Missouri-based  company is expected to
report  a
4.5% decrease in revenue to $704.851 million from $738.33
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
June 1 2023, for the period ended July 31, was for revenue
between $701.41 million and $708.80 million.
    * ​Refinitiv's mean analyst estimate for Caleres Inc is for
earnings of 88 cents per share. The company's EPS guidance on
June 1 2023, for the period ended July 31, was between $0.87 and
$0.92 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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
$32.5​, above​ its last closing price of $23.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  1.12        1.12       1.15      Beat    2.9​
 Jul. 31 2022  1.32        1.32       1.38      Beat    4.3
 ​​Apr.        0.84        0.83       1.32      Beat    59
 30 2022                                                
 Jan. 31 2022  0.67        0.67       0.91      Beat    35.8​
 Oct. 31 2021  1.14        1.15       1.59      Beat    38.9
 Jul. 31 2021  0.53        0.54       1.19      Beat    122.4
 This summary was machine generated August 29 at 13:59 GMT.  All
figures in US dollars  unless otherwise stated