Caleres Inc.: Fiscal Q4 Earnings Snapshot

ST LOUIS (AP) — ST LOUIS (AP) — Caleres Inc. (CAL) on Tuesday reported fiscal fourth-quarter earnings of $55.8 million.

On a per-share basis, the St. Louis-based company said it had profit of $1.57. Earnings, adjusted for pretax gains, were 86 cents per share.

The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 86 cents per share.

The footwear wholesaler and retailer posted revenue of $697.1 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $697.3 million.

For the year, the company reported profit of $171.4 million, or $4.80 per share. Revenue was reported as $2.82 billion.

Caleres Inc. expects full-year earnings to be $4.30 to $4.60 per share.

Caleres Inc. shares have increased 26% since the beginning of the year. The stock has risen 66% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAL at https://www.zacks.com/ap/CAL