Designer Brands Inc expected to post earnings of 35 cents a share - Earnings Preview

Reuters
2024-12-06

* Designer Brands Inc is expected to show a rise in quarterly revenue when it reports results on December 10 for the period ending October 31 2024

* The Columbus Ohio-based company is expected to report a 2.0% increase in revenue to $802.143 million from $786.33 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Designer Brands Inc is for earnings of 35 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Designer Brands Inc is $5.75​, below​ its last closing price of $5.80. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jul. 31 2024 0.55 0.53 0.29 Missed -45.3

Apr. 30 2024 0.13 0.12 0.08 Missed -35.1

Jan. 31 2024 -0.49 -0.47 -0.44 Beat 7.4​

Oct. 31 2023 0.47 0.48 0.24 Missed -49.6

​​Jul. 0.43 0.44 0.59 Beat 34.1

31 2023

Apr. 30 2023 0.23 0.23 0.21 Missed -8.7​

Jan. 31 2023 -0.02 -0.02 0.07 Beat 488.9

Oct. 31 2022 0.72 0.73 0.67 Missed -7.6

This summary was machine generated December 6 at 13:43 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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