Designer Brands (NYSE:DBI) reported its Q4 earnings results on Thursday, March 17, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Designer Brands missed estimated earnings by 6.25%, reporting an EPS of $0.15 versus an estimate of $0.16.
Revenue was up $213.27 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.3 which was followed by a 2.85% drop in the share price the next day.
Here's a look at Designer Brands's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 0.24 | -0.18 | -0.68 |
| EPS Actual | 0.86 | 0.56 | 0.12 | -0.53 |
| Revenue Estimate | 897.50M | 751.21M | 651.00M | 623.77M |
| Revenue Actual | 853.47M | 817.34M | 703.15M | 609.35M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Designer Brands management provided guidance for their next quarter, expecting earnings between $1.75 and $1.85 per share for the next quarter.
This represents a 1100.0% in quarter-over-quarter growth for Designer Brands, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
