A Peek at Designer Brands's Future Earnings
Portfolio Pulse from Benzinga Insights
Designer Brands (NYSE:DBI) is set to release its quarterly earnings report on September 11, 2024, with analysts estimating an EPS of $0.57. The company's past performance has shown mixed results, with a recent history of missing EPS estimates. Shares are down 50.47% over the last year, and the stock is currently rated Neutral by analysts, with a price target suggesting a potential upside. Investors are keenly awaiting the earnings announcement for any positive surprises or guidance.
September 10, 2024 | 2:50 pm
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Designer Brands is expected to report an EPS of $0.57. The stock has been volatile, with a history of missing estimates leading to price drops. Current analyst sentiment is Neutral, with a potential upside based on the price target.
The upcoming earnings report is crucial for Designer Brands as it could influence short-term stock price movements. The company's history of missing EPS estimates has previously led to share price declines. However, the current analyst price target suggests potential upside, indicating mixed market sentiment. Investors will be closely watching for any positive surprises or guidance that could impact the stock price.
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