Dillard's Inc reports results for the quarter ended in July - Earnings Summary

Dillard's

16/08/2024 01:39

* Dillard's Inc  DDS.N  reported quarterly adjusted earnings
of
$4.59​​ per share for the quarter ended in July, lower than the
same quarter last year, when the company reported EPS of $7.93. 
The mean expectation of three analysts for the quarter was
for earnings of $5.97 per share. Wall Street expected results to
range from $5.87  to $6.15 per share.
    * Revenue fell 6.7% to $1.49 billion from a year ago;
analysts
expected $1.53 billion. 
    * Dillard's Inc's reported EPS for the quarter was $4.59​.
    * The company reported quarterly net income of $74.5
million.
    * Dillard's Inc shares had fallen by 11.2% this quarter and
lost 3.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is  "sell."

Wall Street's median 12-month price target for Dillard's Inc is
$338.50 
This summary was machine generated from LSEG data August 16 at
12:39 a.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
 Jul. 31 2024      5.97           4.59           Missed
 Apr. 30 2024      9.63           11.09          Beat
 Jan. 31 2024      12.54          15.44          Beat
 Oct. 31 2023      7.23           9.49           Beat