Designer Brands Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - Designer Brands Inc. is expected to report a quarterly loss of 6 cents per share for the first quarter, a decline from a profit of 8 cents per share in the same period last year [1] - Projected quarterly revenue is $732.82 million, down from $746.6 million a year earlier [1] - The company's shares fell 2.4% to close at $3.73 [2] Financial Performance - The anticipated loss of 6 cents per share contrasts with the previous year's profit of 8 cents per share, indicating a significant downturn in profitability [1] - Revenue projections for the quarter are set at $732.82 million, reflecting a decrease of approximately 1.04% from the prior year's revenue of $746.6 million [1] Analyst Ratings - Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating with a price target of $5 for 2025, with an accuracy rate of 60% [6] - UBS analyst Jay Sole has a Neutral rating and has raised the price target from $4 to $4.5, with an accuracy rate of 73% [6]