Caleres Inc expected to post earnings of 91 cents a share - Earnings Preview

Caleres

28/05/2024 13:37

* Caleres Inc  CAL.N   CAL  is expected to show a rise in
quarterly revenue when it reports  results on May 30 for the
period ending April 30 2024
    * The St. Louis Missouri-based  company is expected to
report a
0.4% increase in revenue to $665.447 million from $662.73
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on March 19
2024, for the period ended April 30, was for revenue between
$662.73 million and $669.36 million.
    * ​LSEG's mean analyst estimate for Caleres Inc is for
earnings of
91 cents per share. 
    * 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 had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Caleres Inc
is
$43.00​, above​ its last closing price of $37.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  0.86        0.85       0.86      Beat    0.7
 Oct. 31 2024  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.        0.65        0.65       0.65      Met     0.4
 31 2023                                                
 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. 30 2022  0.84        0.83       1.32      Beat    59
 This summary was machine generated May 28 at 12:37 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)