Caleres Q1 EPS $0.88 Misses $0.91 Estimate, Sales $659.20M Miss $665.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Caleres (NYSE:CAL) reported Q1 earnings per share (EPS) of $0.88, missing the analyst estimate of $0.91 by 3.3%. Sales were $659.20 million, also missing the estimate of $665.45 million by 0.94%. Both EPS and sales showed a decline compared to the same period last year.
May 30, 2024 | 10:49 am
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Caleres reported Q1 EPS of $0.88, missing the analyst estimate of $0.91 by 3.3%. Sales were $659.20 million, also missing the estimate of $665.45 million by 0.94%. Both EPS and sales showed a decline compared to the same period last year.
The missed earnings and sales estimates, along with the year-over-year decline in both metrics, are likely to negatively impact Caleres' stock price in the short term.
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RELEVANCE 100