Caleres, Inc. (NYSE:CAL) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.16. The company issued revenue guidance of $2.7-2.8 billion, compared to the consensus revenue estimate of $2.79 billion.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Caleres from a buy rating to a hold rating in a research note on Tuesday, October 31st. Macquarie reiterated an outperform rating and set a $37.00 price objective on shares of Caleres in a research note on Sunday, October 1st. Susquehanna Bancshares Inc reiterated a buy rating and set a $31.00 price objective on shares of Caleres in a research note on Tuesday, August 29th. Finally, BidaskClub upgraded shares of Caleres from a sell rating to a hold rating in a research note on Friday, August 25th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $33.00.

Shares of Caleres, Inc. (NYSE:CAL) traded up $0.02 during trading hours on Tuesday, hitting $30.94. 445,800 shares of the company’s stock traded hands, compared to its average volume of 336,108. Caleres, Inc. has a 12 month low of $22.39 and a 12 month high of $36.61. The firm has a market capitalization of $1,328.50, a price-to-earnings ratio of 15.31, a P/E/G ratio of 1.29 and a beta of 1.04. The company has a quick ratio of 0.38, a current ratio of 1.57 and a debt-to-equity ratio of 0.31.

Caleres (NYSE:CAL) last posted its quarterly earnings data on Tuesday, August 29th. The textile maker reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The business had revenue of $677.00 million during the quarter, compared to analysts’ expectations of $668.85 million. Caleres had a net margin of 2.26% and a return on equity of 13.80%. The business’s revenue was up 8.7% on a year-over-year basis. During the same period last year, the firm posted $0.46 earnings per share. sell-side analysts anticipate that Caleres, Inc. will post 2.18 EPS for the current fiscal year.

In other news, SVP Douglas Koch sold 33,400 shares of the stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $30.03, for a total value of $1,003,002.00. Following the completion of the transaction, the senior vice president now directly owns 103,837 shares in the company, valued at $3,118,225.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 6.20% of the company’s stock.

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About Caleres

Caleres, Inc is a global footwear retailer and wholesaler. The Company is engaged in the operation of retail shoe stores and e-commerce Websites, as well as the design, sourcing and marketing of footwear for women and men. The Company operates through two segments: Famous Footwear and Brand Portfolio.

Earnings History and Estimates for Caleres (NYSE:CAL)

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