Designer Brands Inc expected to post a loss of 47 cents a share - Earnings Preview
19/03/2024 13:16
* Designer Brands Inc DBI.N DBI is expected to show a
fall in
quarterly revenue when it reports results on March 21 for the
period ending January 31 2024
* The Columbus Ohio-based company is expected to report a
1.7% decrease in revenue to $747.351 million from $760.55
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.The company's guidance on December
5 2023, for the period ended January 31, was for revenue between
$745.34 million and $760.55 million.
* LSEG's mean analyst estimate for Designer Brands Inc is
for a
loss of 47 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 Designer
Brands
Inc is $10.00, below its last closing price of $11.13.
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 0.47 0.48 0.24 Missed -49.6
Jul. 31 2023 0.43 0.44 0.59 Beat 34.1
Apr. 30 2023 0.23 0.23 0.21 Missed -8.7
Jan. 31 2023 -0.02 -0.02 0.07 Beat 488.9
Oct. 0.72 0.73 0.67 Missed -7.6
31 2022
Jul. 31 2022 0.52 0.52 0.62 Beat 18.8
Apr. 30 2022 0.25 0.25 0.48 Beat 95.9
Jan. 31 2022 0.17 0.16 0.15 Missed -6.2
This summary was machine generated March 19 at 13:16 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)