Caleres Inc. (CAL) Q3 Earnings and Revenues Lag Estimates

Caleres Inc. (CAL) came out with quarterly earnings of $1.23 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -8.21%. A quarter ago, it was expected that this footwear wholesaler and retailer would post earnings of $1.21 per share when it actually produced earnings of $0.85, delivering a surprise of -29.75%. Over the last four ...