Previous close | 20.93 |
Open | 24.44 |
Bid | 27.01 x 800 |
Ask | 27.19 x 900 |
Day's range | 24.23 - 27.39 |
52-week range | 17.82 - 29.36 |
Volume | |
Avg. volume | 771,651 |
Market cap | 1.032B |
Beta (5Y monthly) | 2.09 |
PE ratio (TTM) | 7.64 |
EPS (TTM) | 3.56 |
Earnings date | 24 May 2022 |
Forward dividend & yield | 0.28 (1.19%) |
Ex-dividend date | 23 Mar 2022 |
1y target est | 35.67 |
Shares of footwear retailer Caleres (NYSE: CAL) spiked today after the company reported first-quarter results that beat Wall Street's top- and bottom-line consensus estimates. Caleres reported adjusted earnings per share of $1.32 in the first quarter, a huge increase from $0.16 in the year-ago quarter and far outpacing analysts' consensus estimate of $0.83 per share. Caleres beating Wall Street's bottom line estimate was impressive enough, but investors were also happy that the company's first-quarter sales of $735.1 million -- up 15% year over year -- blew past analysts' average estimate of $677.2 million.
Caleres Inc. (CAL) delivered earnings and revenue surprises of 60.98% and 11.20%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?
ST. LOUIS, May 24, 2022--Caleres (NYSE: CAL, caleres.com), a diverse portfolio of consumer-driven footwear brands, today reported financial results for the first quarter ended April 30, 2022. Caleres maintained its strong momentum from 2021, delivering its best-ever first quarter performance for sales, gross profit margins and earnings. The company recorded a 15.1 percent year-over-year sales improvement, generated 44.5 percent consolidated gross profit margin and achieved net earnings of $50.5