Caleres Reports Third Quarter 2017 Results
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Caleres (CAL) PT Raised to $28 at Jefferies
November 22, 2017 7:33 AM ESTJefferies raised its price target on Caleres (NYSE: CAL) to $28.00 (from $27.00) while maintaining a Hold rating.
Analyst Randal Konik noted strong athletic trends aided performance at Famous Footwear, but warmer temperatures pressured boot sales across concepts.
The firm trimmed FY 2017 EPS from $2.17 to $2.12 and FY 2018 EPS from $2.45 to $2.40.
... MoreCaleres (CAL) Misses Q3 EPS by 5c
November 21, 2017 4:17 PM ESTCaleres (NYSE: CAL) reported Q3 EPS of $0.80, $0.05 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $774.7 million versus the consensus estimate of $785.75 million.
GUIDANCE:
Caleres sees FY2017 EPS of $2.10-$2.20. Caleres sees FY2017 revenue of $2.7-2.8... More
