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Stock impact report

Caleres Earnings: What To Look For From CAL [Yahoo! Finance]

Caleres, Inc. (CAL) 
Last caleres, inc. earnings: 3/12 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.caleres.com
Company Research Source: Yahoo! Finance
Caleres missed analysts' revenue expectations by 5.6% last quarter, reporting revenues of $683.3 million, down 1.8% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates. Is Caleres a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Caleres's revenue to decline 1.4% year on year to $751.4 million, improving from the 4.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.36 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Caleres has missed Wall Street's revenue estimates five times over the last two years. Looking at Caleres's peers in the footwear segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Deckers Show less Read more
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