Caleres Inc. Profit Advances 6% In Q3

(RTTNews) - Caleres Inc. (CAL) revealed earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line totaled $35.2 million, or $0.80 per share. This was up from $33.1 million, or $0.75 per share, in last year's third quarter.

Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.1% to $728.6 million. This was down from $729.3 million last year.

Caleres Inc. earnings at a glance:

-Earnings (Q3): $35.2 Mln. vs. $33.1 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q3): $0.80 vs. $0.75 last year. -EPS Growth (Y-o-Y): 6.7% -Analysts Estimate: $0.78 -Revenue (Q3): $728.6 Mln vs. $729.3 Mln last year. -Revenue Change (Y-o-Y): -0.1%

-Guidance: Full year EPS guidance: $1.95 - 2.00 Full year revenue guidance: $2.61 Bln