Caleres Inc reports results for the quarter ended October 31 - Earnings Summary

Caleres

05/12/2024 14:32

* Caleres Inc  CAL.N  reported quarterly adjusted earnings
of
$1.23​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of
$1.37.  The mean expectation of four analysts for the quarter
was for earnings of $1.36 per share. Wall Street expected
results to range from $1.32  to $1.40 per share.
    * Revenue fell 2.8% to $740.94 million from a year ago;
analysts
expected $751.36 million. 
    * Caleres Inc's reported EPS for the quarter was $1.19​.
    * The company reported quarterly net income of $41.43
million.
    * Caleres Inc shares had risen by 0.5% this quarter and
gained 8.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Caleres Inc is
$37.00 
This summary was machine generated from LSEG data December 5 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      1.36           1.23           Missed
 Jul. 31 2024      1.22           0.85           Missed
 Apr. 30 2024      0.91           0.88           Missed
 Jan. 31 2024      0.85           0.86           Beat