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Market Overview

Earnings Preview for Designer Brands

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Designer Brands (NYSE:DBI) unveils its next round of earnings this Wednesday, December 09. Get prepared with Benzinga's ultimate preview for Designer Brands's Q3 earnings.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Designer Brands EPS loss is expected to be around $0.48, according to sell-side analysts. Sales will likely be near $650.63 million. In the same quarter last year, Designer Brands reported EPS of $0.67 on revenue of $936.26 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 171.64% decrease in the company's earnings. Revenue would be down 30.51% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate -0.85 -0.60 -0.06 0.74
EPS Actual -1.28 -1.83 -0.05 0.67
Revenue Estimate 596.46 M 481.16 M 841.63 M 935.03 M
Revenue Actual 489.71 M 482.78 M 829.62 M 936.26 M

Stock Performance

Shares of Designer Brands were trading at $8.21 as of December 07. Over the last 52-week period, shares are down 41.49%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Do not 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.

 

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Posted-In: Earnings