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Earnings Miss: Caleres, Inc. Missed EPS By 31% And Analysts Are Revising Their Forecasts

Earnings Miss: Caleres, Inc. Missed EPS By 31% And Analysts Are Revising Their Forecasts

盈利不達預期: Caleres, Inc. 每股收益低於31%,分析師們正在修訂他們的預測
Simply Wall St ·  09/17 08:11

Caleres, Inc. (NYSE:CAL) just released its latest second-quarter report and things are not looking great. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at US$683m, statutory earnings missed forecasts by an incredible 31%, coming in at just US$0.85 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Caleres, Inc.(NYSE: CAL)剛剛發佈了最新的第二季度報告,情況看起來並不好。整體來說,這不是一個很好的結果 - 雖然營業收入略微低於分析師的預期,達到了68300萬美元,但法定收益卻超出了預期的31%,僅爲每股0.85美元。分析師通常在每個業績發佈後更新他們的預測,我們可以從他們的估計中判斷他們對該公司的看法是否發生了變化,是否有任何新的問題需要關注。考慮到這一點,我們收集了最新的法定預測,看看分析師對明年的預期是什麼。

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NYSE:CAL Earnings and Revenue Growth September 17th 2024
紐交所: CAL盈利和營收增長2024年9月17日

Taking into account the latest results, Caleres' four analysts currently expect revenues in 2025 to be US$2.76b, approximately in line with the last 12 months. Statutory earnings per share are expected to descend 11% to US$3.96 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.85b and earnings per share (EPS) of US$4.39 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates.

考慮到最新的結果,Caleres的四位分析師目前預計2025年的營業收入將達到27.6億美元,接近過去12個月的水平。法定每股收益預計在同期下降11%,達到3.96美元。然而,在最新的業績公佈之前,分析師原本預計2025年的營收將達到28.5億美元,每股收益(EPS)將達到4.39美元。顯然,最新結果出現後,悲觀情緒顯現,導致營收前景疲軟並且每股收益預期出現小幅下滑。

The consensus price target fell 18% to US$36.67, with the weaker earnings outlook clearly leading valuation estimates. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Caleres analyst has a price target of US$43.00 per share, while the most pessimistic values it at US$30.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

共識價格目標下調了18%,至36.67美元,顯然是由於較弱的盈利前景導致估值預測下調。查看分析師估計的範圍可能也具有指導意義,以評估離群值觀點與平均水平之間的差異。最樂觀的Caleres分析師設有43.00美元/股的價格目標,而最悲觀的估值爲30.00美元。這顯示了在估值上仍然存在一定的多樣性,但分析師對股票並非完全持分歧看法,也不像可能是一個成功或失敗的情況。

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that revenue is expected to reverse, with a forecast 2.8% annualised decline to the end of 2025. That is a notable change from historical growth of 1.9% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.9% per year. It's pretty clear that Caleres' revenues are expected to perform substantially worse than the wider industry.

獲取這些預測更多背景信息的一種方法是將它們與過去的業績以及同行業其他公司的業績進行比較。我們應該注意到,營業收入預計會出現逆轉,預計到2025年底將年化下降2.8%。這是與過去五年1.9%的歷史增長相比的顯著變化。將其與我們的數據進行對比,我們的數據表明,同行業其他公司預計每年收入增長4.9%。很明顯,Caleres的營收預計將表現得比整個行業糟糕得多。

The Bottom Line

最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

最重要的是,分析師降低了每股收益預期,顯示出跟隨此次業績發佈後情緒明顯下降。不幸的是,他們也降低了營收預期,我們的數據表明與更廣泛的行業相比表現低下。即便如此,每股收益對於公司內在價值更爲重要。此外,分析師還下調了價格目標,表明最新消息導致對公司內在價值的看法更加悲觀。

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Caleres going out to 2027, and you can see them free on our platform here..

延續這一思路,我們認爲企業的長期前景比明年的收益更重要。在Simply Wall St上,我們對Caleres公司的分析師預測有一個完整的區間,覆蓋到2027年,您可以在我們的平台上免費查看。

It is also worth noting that we have found 1 warning sign for Caleres that you need to take into consideration.

值得注意的是,我們發現了1個關於Caleres的警示信號,您需要考慮進去。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

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