Caleres Inc. Profit Advances 25% In Q4

(RTTNews) - Caleres Inc. (CAL) announced earnings for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line rose to $14.27 million, or $0.33 per share. This was higher than $11.41 million, or $0.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.1% to $639.49 million. This was up from $608.67 million last year.

Caleres Inc. earnings at a glance:

-Earnings (Q4): $14.27 Mln. vs. $11.41 Mln. last year. -Earnings Growth (Y-o-Y): 25.1% -EPS (Q4): $0.33 vs. $0.26 last year. -EPS Growth (Y-o-Y): 26.9% -Analysts Estimate: $0.38 -Revenue (Q4): $639.49 Mln vs. $608.67 Mln last year. -Revenue Change (Y-o-Y): 5.1%

-Guidance: Full year EPS guidance: $2.10 to $2.20 Full year revenue guidance: $2.7B to $2.8B