Caleres Reports First Quarter 2019 Results

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Caleres (CAL) PT Lowered to $22 at Susquehanna

June 5, 2019 7:03 AM EDT

Susquehanna analyst Sam Poser lowered the price target on Caleres (NYSE: CAL) to $22.00 (from $24.00) while maintaining a Neutral rating following the company's 1Q earnings report. CAL reported 1Q19 EPS of $0.36 vs. the Street's $0.35 estimate. Gross margin contracted 114bps, worse than the Street's... More

Caleres (CAL) PT Lowered to $28 at Needham & Company

June 4, 2019 8:36 AM EDT

Needham & Company analyst Rick Patel lowered the price target on Caleres (NYSE: CAL) to $28.00 (from $32.00) while maintaining a Buy rating following the company's 1Q earnings report. 1Q adjusted EPS of $0.36 came in slightly ahead of the consensus estimate of $0.35.

Needham & Company reduced 2019/2020 adjusted EPS estimates to $2.37/$2.60 from $2.48/$2.67 on updated guidance.

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Caleres (CAL) Reports In-Line Q1 EPS, FY EPS Guidance Misses

June 3, 2019 4:12 PM EDT

Caleres (NYSE: CAL) reported Q1 EPS of $0.36, in-line with the analyst estimate of $0.36. Revenue for the quarter came in at $677.8 million versus the consensus estimate of $673.15 million.

GUIDANCE:

Caleres sees FY2019 EPS of $2.35-$2.45, versus the consensus of $2.48. Caleres sees FY2019... More