A Preview Of Designer Brands's Earnings
Portfolio Pulse from Benzinga Insights
Designer Brands (NYSE:DBI) is set to release its latest quarterly earnings report on September 7, 2023. Analysts estimate an earnings per share (EPS) of $0.44. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $10.61, down 35.97% over the last 52-week period.
September 06, 2023 | 2:01 pm
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Designer Brands is expected to report an EPS of $0.44 in its upcoming earnings report. The company's history of missing EPS estimates and subsequent share price drops could impact investor sentiment.
Given Designer Brands' history of missing EPS estimates and the subsequent negative impact on its share price, there is a high likelihood of a similar trend following the upcoming earnings report. This could lead to a decrease in the stock price.
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