Caleres Q1 EPS Expected at $0.31, Topping Company Guidance Ahead of June 4 Report
CAL sits 61% above its 52-week low of $8.8.
Summary
Analysts expect Caleres Inc. to report first-quarter earnings of $0.31 per share, which is slightly above the company's own guidance range of $0.25 to $0.30. Revenue is projected to increase by 7.1% to $657.598 million, falling within the company's previously issued guidance. This analyst consensus provides an updated market expectation for the upcoming Q1 earnings report. Q1 results are scheduled to be released on June 4.
At the time of this announcement, CAL was trading at $14.19 on NYSE in the Trade & Services sector, with a market capitalization of approximately $478.8M. The 52-week trading range was $8.80 to $16.14. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.