Designer Brands Inc expected to post earnings of 44  cents a share - Earnings Preview

Designer Brands

05/09/2023 14:07

* Designer Brands Inc  DBI.N   DBI  is expected to show a
fall in
quarterly revenue when it reports  results on September 7. 
    * The Columbus Ohio-based  company is expected to report  a
8.6% decrease in revenue to $785.745 million from $859.32
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Designer Brands Inc
is
for earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 $9​, below​ its last closing price of $11.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.72        0.73       0.67      Missed  -7.6​
 Jul. 31 2022  0.52        0.52       0.62      Beat    18.8
 ​​Apr.        0.25        0.25       0.48      Beat    95.9
 30 2022                                                
 Jan. 31 2022  0.17        0.16       0.15      Missed  -6.2​
 Oct. 31 2021  0.59        0.56       0.86      Beat    53.6
 Jul. 31 2021  0.26        0.24       0.56      Beat    136.6
 This summary was machine generated September 5 at 13:07 GMT. 
All figures in US dollars  unless otherwise stated