Caleres Inc reports results for the quarter ended in July - Earnings Summary

Caleres

31/08/2023 14:31

* Caleres Inc  CAL.N  reported quarterly adjusted earnings
of 98
cents​​ per share for the quarter ended in July. The mean
expectation of four analysts for the quarter was for earnings of
88 cents per share.
    * Revenue fell 5.8% to $695.53 million from a year ago;
analysts
expected $704.85 million. 
    * Caleres Inc's reported EPS for the quarter was 95 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Caleres Inc shares had risen by 3.3% this quarter and
gained 11.0% so far this year.
    * The company reported quarterly net income of $32.43
million.
    * Wall Street's median 12-month price target for Caleres Inc
is
$31.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.88           0.98           Beat
 Apr. 30 2023      0.94           0.97           Beat
 Jan. 31 2023      0.65           0.65           Met
 Oct. 31 2022      1.12           1.15           Beat