Caleres Inc reports results for the quarter ended April 30 - Earnings Summary

• Caleres Inc CAL.N reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of four analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 35 cents to 38 cents per share.

• Revenue fell 6.8% to $614.22 million from a year ago; analysts expected $622.05 million.

• Caleres Inc's reported EPS for the quarter was 21 cents​.

• The company reported quarterly net income of $6.7 million.

• Caleres Inc shares had fallen by 4.9% this quarter and lost 29.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 60.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Caleres Inc is $21.00

This summary was machine generated from LSEG data May 29 at 01:31 p.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)