DSW (DSW) Releases FY19 Earnings Guidance

DSW (NYSE:DSW) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.52-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.64. The company issued revenue guidance of +2-4% (excluding exit from non-core business) to ~, compared to the consensus revenue estimate of $2.85 billion.

DSW (DSW) opened at $19.60 on Tuesday. The stock has a market capitalization of $1,526.34, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 1.90 and a beta of 0.74. DSW has a twelve month low of $15.14 and a twelve month high of $22.72.

DSW (NYSE:DSW) last posted its quarterly earnings data on Tuesday, March 13th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.11. The business had revenue of $720.00 million during the quarter, compared to the consensus estimate of $728.46 million. DSW had a return on equity of 11.43% and a net margin of 3.13%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. equities analysts expect that DSW will post 1.41 earnings per share for the current fiscal year.

DSW has been the subject of a number of research reports. Zacks Investment Research downgraded DSW from a buy rating to a hold rating in a report on Monday, February 26th. UBS Group upgraded DSW from a neutral rating to a positive rating in a report on Thursday, November 16th. Susquehanna Bancshares upgraded DSW from a neutral rating to a positive rating in a report on Sunday, November 26th. B. Riley restated a hold rating and set a $20.00 price target on shares of DSW in a report on Wednesday, November 22nd. Finally, Buckingham Research raised their price target on DSW from $18.00 to $22.00 and gave the company a neutral rating in a report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. DSW currently has a consensus rating of Hold and a consensus target price of $20.82.

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About DSW

DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.

Earnings History and Estimates for DSW (NYSE:DSW)

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