LITTLE ROCK, Ark. (AP) _ Dillard's Inc. (DDS) on Wednesday reported fiscal first-quarter net income of $78.6 million.
On a per-share basis, the Little Rock, Arkansas-based company said it had profit of $2.99. Earnings, adjusted for non-recurring gains, were $2.77 per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $2.77 per share.
The department store operator posted revenue of $1.47 billion in the period.
Dillard's shares have risen 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $63.42, a decrease of 13% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDS at https://www.zacks.com/ap/DDS