Designer Brands Sees FY23 EPS Excluding Keds To Be $1.20 - $1.50 Vs. $1.29 Est.
Portfolio Pulse from Benzinga Newsdesk
Designer Brands has projected its FY23 earnings per share (EPS), excluding Keds, to be between $1.20 and $1.50, compared to the estimated $1.29.
September 07, 2023 | 10:50 am
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Designer Brands' FY23 EPS forecast, excluding Keds, is higher than the estimated $1.29, which could positively impact the company's stock.
The company's EPS forecast is a key indicator of its profitability. A higher than expected EPS often leads to an increase in the company's stock price as it indicates better than expected profitability.
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