Dillard's Q1 GAAP EPS $11.09 Beats $10.08 Estimate, Sales $1.55B Beat $1.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dillard's (NYSE:DDS) reported Q1 GAAP EPS of $11.09, beating the $10.08 estimate. Sales were $1.55B, slightly above the $1.54B estimate. Both EPS and sales showed a decline compared to the same period last year.
May 16, 2024 | 10:59 am
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Dillard's reported Q1 GAAP EPS of $11.09, beating the $10.08 estimate. Sales were $1.55B, slightly above the $1.54B estimate. Both EPS and sales showed a decline compared to the same period last year.
Dillard's beat both EPS and sales estimates, which is positive news and likely to boost the stock price in the short term. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100