Caleres, Inc. (NYSE:CAL) footwear wholesaler, is reporting second quarter earnings results on Tuesday 1st September 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 1.02 per share from $ 450.11 million in revenue.
For the full year, analysts predict revenues of $ 2071.68 million, while looking forward to loss of $ 2.09 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,950.00 million ~ $ 2,950.00 million, where as bottomline are predicted in a range of $ 1.95 ~ $ 2.15 per share
Click Here For More Historical Outlooks Of Caleres, Inc.
Previous Quarter Performance
Caleres, Inc. unfold loss for the first quarter of $ 1.30 per share, from the revenue of $ 397.18 million. The consensus estimates are loss of $ 0.55 per share from $ 570.06 million in revenue. The bottom line results missed street analysts by $ 0.75 or 136.36 percent, at the same time, top line results fell short of analysts by $ 172.88 million or 30.33 percent.
Stock Performance
Shares of Caleres, Inc. traded up $ 0.12 or 1.55 percent on Monday, reaching $ 7.88 with volume of 566.60 thousand shares. The stock opened down for the day at $ 7.70, after closing the previous day trading at $ 7.76.
According to the previous trading day, closing price of $ 7.76, representing a 148.72 % increase from the 52 week low of $ 3.12 and a 68.8 % decrease over the 52 week high of $ 24.87.
The company has a market capital of $ 305.52 million and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Recent Stock Dividend Announcement
On May 28, 2020, the board of directors authorized quarterly dividend of $ 0.07 per share to holders of record as of the close of business on June 12, 2020, with payment date of July 1, 2020 and ex-dividend date on June 11, 2020.
Conference Call
Caleres, Inc. will be hosting a conference call at 4:30 PM eastern time on 1st September 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, (877) 217-9089 Toll Free, (United States) or (706) 679-1723 (International), and the passcode is 2989663 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.caleres.com
Caleres, Inc. engages in the retail and wholesale of footwear in the United States, Canada, Guam, and Italy. It operates through Famous Footwear and Brand Portfolio segments.
