Share on StockTwits

Brown Shoe Co. Inc. (NYSE:BWS) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.47-1.57 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.55, reports. The company issued revenue guidance of $2.58-2.60 billion, compared to the consensus revenue estimate of $2.59 billion.

Brown Shoe Co. Inc. (NYSE:BWS) opened at 26.44 on Wednesday. Brown Shoe Co. Inc. has a 52-week low of $18.55 and a 52-week high of $28.73. The stock has a 50-day moving average of $24.71 and a 200-day moving average of $25.2. The company’s market cap is $1.147 billion.

Brown Shoe Co. (NYSE:BWS) last posted its quarterly earnings results on Wednesday, May 28th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.04. The company had revenue of $591.20 million for the quarter, compared to the consensus estimate of $592.46 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. Analysts expect that Brown Shoe Co. Inc. will post $1.55 EPS for the current fiscal year.

A number of analysts have recently weighed in on BWS shares. Analysts at Zacks downgraded shares of Brown Shoe Co. from an outperform rating to a neutral rating in a research note on Monday, May 19th. They now have a $29.50 price target on the stock. Finally, analysts at Northcoast Research upgraded shares of Brown Shoe Co. from a neutral rating to a buy rating in a research note on Monday, March 17th. They now have a $35.00 price target on the stock. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $29.63.

Brown Shoe Company, Inc is a global footwear retailer and wholesaler. The Company’s activities include the operation of retail shoe stores and e-commerce Websites, as well as the sourcing and marketing of footwear for women and men.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.