Caleres Inc. (CAL) Lags Q1 Earnings and Revenue Estimates

Caleres Inc. (CAL) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of$ 0.37 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40.54%. A quarter ago, it was expected that this footwear wholesaler and retailer would post earnings of$ 0.27 per share when it actually produced earnings of $0.33, delivering a surprise of 22.22%.Over the last four ...