Recap: Caleres Q1 Earnings
Portfolio Pulse from Benzinga Insights
Caleres (NYSE:CAL) reported Q1 earnings with an EPS of $0.97, beating estimates by 4.3%. However, revenue was down $72.38 million compared to the same period last year.
June 01, 2023 | 10:55 am
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Caleres reported Q1 earnings beating estimates by 4.3% with an EPS of $0.97, but experienced a revenue decline of $72.38 million YoY.
Caleres' Q1 earnings beat estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100