Caleres Inc. Announces 27% Gain In Q4 Earnings

(RTTNews) - Caleres Inc. (CAL) reported a profit for its fourth quarter that increased from last year.

The company said its bottom line came in at $11.41 million, or $0.26 per share. This was up from $8.97 million, or $0.20 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.1% to $608.67 million. This was down from $615.39 million last year.

Caleres Inc. earnings at a glance:

-Earnings (Q4): $11.41 Mln. vs. $8.97 Mln. last year. -Earnings Growth (Y-o-Y): 27.2% -EPS (Q4): $0.26 vs. $0.20 last year. -EPS Growth (Y-o-Y): 30.0% -Analysts Estimate: $0.23 -Revenue (Q4): $608.67 Mln vs. $615.39 Mln last year. -Revenue Change (Y-o-Y): -1.1%

-Guidance: Full year EPS guidance: $2.00 - $2.10 Full year revenue guidance: $2.65 - $2.68 Bln