Caleres Inc. (CAL) Lags Q2 Earnings Estimates

Caleres Inc. (CAL) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -31.37%. A quarter ago, it was expected that this footwear wholesaler and retailer would post earnings of $0.37 per share when it actually produced earnings of $0.22, delivering a surprise of -40.54%.Over the last four ...