Caleres (CAL) to Release Earnings on Thursday

Caleres (NYSE:CAL - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, December 5th. Analysts expect the company to announce earnings of $1.38 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

Caleres (NYSE:CAL - Get Free Report) last posted its quarterly earnings results on Thursday, September 12th. The textile maker reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.22 by ($0.37). The business had revenue of $683.30 million for the quarter, compared to the consensus estimate of $723.80 million. Caleres had a return on equity of 24.63% and a net margin of 5.84%. Caleres's quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share. On average, analysts expect Caleres to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Caleres Price Performance

Shares of NYSE:CAL traded up $0.55 during mid-day trading on Thursday, hitting $31.63. The company had a trading volume of 427,322 shares, compared to its average volume of 537,582. Caleres has a one year low of $27.67 and a one year high of $44.51. The firm has a fifty day moving average price of $31.39 and a 200 day moving average price of $34.50. The company has a market capitalization of $1.11 billion, a PE ratio of 6.85 and a beta of 1.93.

Wall Street Analysts Forecast Growth

CAL has been the topic of a number of research analyst reports. Loop Capital cut their price objective on shares of Caleres from $45.00 to $30.00 and set a "hold" rating on the stock in a research report on Friday, September 13th. StockNews.com lowered Caleres from a "buy" rating to a "hold" rating in a report on Thursday, October 3rd.

About Caleres

Caleres, Inc engages in the retail and wholesale of footwear business in the United States, Canada, East Asia, and internationally. It operates through Famous Footwear and Brand Portfolio segments. The company offers licensed, branded, and private-label athletic, casual, and dress footwear products. The company provides brand name athletic, casual, and dress shoes, including Nike, Skechers, adidas, Vans, Crocs, Converse, Puma, Birkenstock, New Balance, Under Armour, Dr.