Dillard’s (NYSE:DDS) Posts Quarterly Earnings Results, Beats Estimates By $0.78 EPS

Dillard’s (NYSE:DDS) posted its quarterly earnings data on Sunday. The company reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.78, MarketWatch Earnings reports. Dillard’s had a negative net margin of 1.51% and a negative return on equity of 4.82%. The company had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.65 billion. During the same quarter in the previous year, the firm posted $2.75 EPS. The business’s revenue was down 18.3% compared to the same quarter last year.

NYSE DDS traded down $0.10 on Tuesday, reaching $80.75. The company’s stock had a trading volume of 46,469 shares, compared to its average volume of 718,450. The firm has a market cap of $1.78 billion, a PE ratio of -25.68 and a beta of 0.80. The business has a 50-day moving average price of $74.83 and a 200 day moving average price of $50.53. Dillard’s has a 52 week low of $21.50 and a 52 week high of $128.00. The company has a current ratio of 1.72, a quick ratio of 0.27 and a debt-to-equity ratio of 0.41.

Several research firms have recently issued reports on DDS. Wedbush boosted their price objective on shares of Dillard’s from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, December 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Dillard’s from $60.00 to $80.00 in a report on Tuesday. Telsey Advisory Group restated a “market perform” rating and set a $80.00 price objective (up previously from $54.00) on shares of Dillard’s in a report on Tuesday. Zacks Investment Research downgraded shares of Dillard’s from a “strong-buy” rating to a “hold” rating and set a $64.00 price objective on the stock. in a report on Wednesday, January 13th. Finally, TheStreet upgraded shares of Dillard’s from a “d+” rating to a “c-” rating in a report on Wednesday, January 27th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $58.83.

In related news, Director J C. Watts, Jr. sold 3,400 shares of the company’s stock in a transaction dated Tuesday, December 15th. The shares were sold at an average price of $51.11, for a total value of $173,774.00. Following the sale, the director now owns 12,600 shares of the company’s stock, valued at $643,986. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 23.40% of the company’s stock.

Dillard’s Company Profile

Dillard's, Inc operates as a fashion apparel, cosmetics, and home furnishing retailer in the southwest, southeast, and midwest regions of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Earnings History for Dillard`s (NYSE:DDS)

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