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Market Overview

Caleres's Earnings Outlook

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Caleres (NYSE: CAL) announces its next round of earnings this Tuesday, September 01. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.

Earnings and Revenue

Sell-side analysts are expecting Caleres's loss per share to be near $1.12 on sales of $450.11 million. In the same quarter last year, Caleres reported earnings per share of $0.62 on revenue of $752.49 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 280.65%. Here's how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.55 0.40 0.83 0.58
EPS Actual -1.30 0.34 0.78 0.62
Revenue Estimate 570.06 M 711.11 M 820.42 M 752.22 M
Revenue Actual 397.18 M 698.95 M 792.38 M 752.49 M

Stock Performance

Over the last 52-week period, shares are down 63.15%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Caleres is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.caleres.com%2Fevents-and-presentations%2Fdefault.aspx&eventid=2586320&sessionid=1&key=40BACDA9B877E68C1E3AC0803966DD59&regTag=&sourcepage=register

 

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Posted-In: Earnings