Caleres, Inc. (NYSE:CAL) footwear wholesaler, is expected to report third quarter earnings results, after market close, on Thursday 19th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.04 per share from revenue of $ 619.50 million.
Looking ahead, the full year loss are expected at $ 1.72 per share on the revenues of $ 2125.05 million.
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. communicated loss for the second quarter of $ 0.57 per share, from the revenue of $ 501.45 million. The consensus estimates are loss of $ 1.02 per share from $ 450.11 million in revenue. The bottom line results beat street analysts by $ 0.45 or 44.12 percent, at the same time, top line results outshined analysts by $ 51.34 million or 11.41 percent.
Stock Performance
Shares of Caleres, Inc. traded low $ -0.01 or -0.08 percent on Wednesday, reaching $ 12.18 with volume of 572.90 thousand shares. Caleres, Inc. has traded high as $ 12.74 and has cracked $ 12.18 on the downward trend
According to the previous trading day, closing price of $ 12.18, representing a 290.71 % increase from the 52 week low of $ 3.12 and a 49.9 % decrease over the 52 week high of $ 24.33.
The company has a market capital of $ 461.77 million and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Conference Call
Caleres, Inc. will be hosting a conference call at 5:00 PM eastern time on 19th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (877) 217-9089 (United States) or (706) 679-1723 Outside U.S., when prompted, enter passcode 7391019 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.
