Caleres Inc. Reveals 4% Advance In Q2 Bottom Line

(RTTNews) - Caleres Inc. (CAL) reported a profit for its second quarter that advanced from last year.

The company said its bottom line climbed to $20.64 million, or $0.48 per share. This was up from $19.77 million, or $0.46 per share, in last year's second quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.7% to $676.95 million. This was up from $622.94 million last year.

Caleres Inc. earnings at a glance:

-Earnings (Q2): $20.64 Mln. vs. $19.77 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q2): $0.48 vs. $0.46 last year. -EPS Growth (Y-o-Y): 4.3% -Analysts Estimate: $0.44 -Revenue (Q2): $676.95 Mln vs. $622.94 Mln last year. -Revenue Change (Y-o-Y): 8.7%

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