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DBI — Designer Brands News Story

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Designer Brands Inc expected to post earnings of 15 cents a share - Earnings Preview

* Designer Brands Inc  DBI.N   DBI  is expected to show a
fall in
quarterly revenue when it reports  results on June 4 for the
period ending April 30 2024
    * The Columbus Ohio-based  company is expected to report a
0.1% decrease in revenue to $741.63 million from $742.08 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Designer Brands Inc is
for
earnings of 15 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 had risen by
about 7.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Designer
Brands
Inc is $11.00​, above​ its last closing price of $9.46. ​​​

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  -0.49       -0.47      -0.44     Beat    7.4
 Oct. 31 2024  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.        -0.02       -0.02      0.07      Beat    488.9
 31 2023                                                
 Jan. 1 0001   0.72        0.73       0.67      Missed  -7.6​
 Jul. 31 2022  0.52        0.52       0.62      Beat    18.8
 Apr. 30 2022  0.25        0.25       0.48      Beat    95.9
 This summary was machine generated May 31 at 12:53 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)

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