U.S. Markets closed

Dillard's (DDS) Q1 Earnings and Revenues Beat Estimates

Zacks Equity Research
1 / 2

Earnings Estimates Moving Higher for Vanda (VNDA): Time to Buy?

Vanda (VNDA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Dillard’s, Inc. DDS came out with first-quarter fiscal 2018 results, wherein adjusted earnings of $2.89 per share outpaced the Zacks Consensus Estimate of $2.73 and grew 36.3% from the year-ago quarter.

Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has trended upward over the last seven days. However, if we look at Dillard’s performance in the trailing four quarters (excluding the quarter under review), the company has underperformed the Zacks Consensus Estimate by an average surprise of 49.6%.

Dillard's, Inc. Price, Consensus and EPS Surprise

Dillard's, Inc. Price, Consensus and EPS Surprise | Dillard's, Inc. Quote

Revenues: Dillard’s sales rose 2.6% year over year to $1,490.7 million and also surpassed the Zacks Consensus Estimate of $1,453 million.

Zacks Rank: Currently, Dillard’s carries a Zacks Rank #3 (Hold), which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Dillard's, Inc. (DDS) : Free Stock Analysis Report
To read this article on Zacks.com click here.