Market Overview

Preview: Designer Brands's Earnings

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On Thursday, September 03, Designer Brands (NYSE: DBI) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Sell-side analysts are expecting Designer Brands's loss per share to be near $0.9 on sales of $596.46 million. In the same quarter last year, Designer Brands posted EPS of $0.48 on sales of $860.20 million. Analysts estimate would represent a 287.5% decrease in the company's earnings per share. Designer Brands's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.60 -0.06 0.74 0.47
EPS Actual -1.83 -0.05 0.67 0.48
Revenue Estimate 481.16 M 841.63 M 935.03 M 872.99 M
Revenue Actual 482.78 M 829.62 M 936.26 M 860.20 M

Stock Performance

Over the last 52-week period, shares are down 50.98%. 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. Designer Brands is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1213/36616

 

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Posted-In: Earnings