Dillard's Q2 2024 GAAP EPS $4.59 Misses $5.95 Estimate, Sales $1.49B Miss $1.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dillard's (NYSE:DDS) reported Q2 2024 earnings per share (EPS) of $4.59, missing the analyst consensus estimate of $5.95 by 22.86%. Sales were $1.49 billion, also below the $1.53 billion estimate. Both EPS and sales showed significant declines compared to the same period last year.
August 15, 2024 | 10:53 am
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Dillard's reported Q2 2024 EPS of $4.59, missing the $5.95 estimate by 22.86%. Sales were $1.49 billion, below the $1.53 billion estimate. Both metrics showed significant declines compared to the same period last year.
The significant miss on both EPS and sales estimates, along with the year-over-year declines, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100