Designer Brands (DBI) Misses Q3 Earnings and Revenue Estimates
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Designer Brands (DBI) reported Q3 earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.35 per share. This is an increase from $0.24 per share a year ago.
December 10, 2024 | 2:15 pm
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NEGATIVE IMPACT
Designer Brands reported Q3 earnings of $0.27 per share, missing the expected $0.35. Despite the miss, earnings increased from $0.24 a year ago.
The earnings miss is likely to negatively impact DBI's stock price in the short term as it failed to meet analyst expectations. However, the year-over-year increase in earnings per share may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100