Seeking Clues to Caleres Inc. (CAL) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Insights - Analysts project Caleres Inc. (CAL) will report quarterly earnings of $0.86 per share, reflecting an 11.3% decline year over year, with revenues expected to reach $665.45 million, a 0.4% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 2.3% higher in the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Key Metrics Projections - Consensus estimate for 'Net Sales- Famous Footwear' is $347.26 million, indicating a -0.5% change from the previous year [5]. - 'Net Sales- Brand Portfolio' is projected to reach $332.86 million, reflecting a year-over-year increase of 2.3% [5]. - Analysts estimate 'Gross profit / (loss)- Brand Portfolio' at $148.19 million, compared to $143.86 million reported in the same quarter last year [5]. - 'Gross profit / (loss)- Famous Footwear' is expected to be $158.43 million, slightly down from $159.13 million a year ago [6]. Stock Performance - Shares of Caleres Inc. have decreased by 0.6% over the past month, contrasting with a 4% increase in the Zacks S&P 500 composite [6].