Designer Brands Inc expected to post earnings of 48 cents a share - Earnings Preview

Designer Brands

01/12/2023 13:49

* Designer Brands Inc  DBI.N   DBI  is expected to show a
fall in
quarterly revenue when it reports  results on December 5 for the
period ending July 31 2023
    * The Columbus Ohio-based  company is expected to report a
4.1% decrease in revenue to $829.179 million from $865.02
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Designer Brands Inc is
for
earnings of 48 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 $13.00​, above​ its last closing price of $11.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.72        0.73       0.67      Missed  -7.6
 ​​Jul.        0.52        0.52       0.62      Beat    18.8
 31 2022                                                
 Apr. 30 2022  0.25        0.25       0.48      Beat    95.9​
 Jan. 31 2022  0.17        0.16       0.15      Missed  -6.2
 Oct. 31 2021  0.59        0.56       0.86      Beat    53.6
 This summary was machine generated December 1 at 13:49 GMT.  All
figures in US dollars unless otherwise stated