UPDATE: Dillard's Q2 EPS $7.98 Beats $4.32 Estimate, Sales $1.57B Beat $1.55B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dillard's (NYSE:DDS) reported Q2 earnings of $7.98 per share, beating the analyst consensus estimate of $4.32 by 84.72 percent. However, this is a 14.19 percent decrease from the same period last year. The company also reported quarterly sales of $1.57 billion, beating the analyst consensus estimate of $1.55 billion by 1.10 percent, but this is a 1.38 percent decrease from the same period last year.
August 10, 2023 | 10:56 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Dillard's Q2 earnings and sales beat estimates but show a decrease from the same period last year. This mixed result could lead to uncertain market reactions.
Dillard's reported better than expected Q2 earnings and sales, which is positive. However, the YoY decrease in both earnings and sales could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100