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Dillard's: Fiscal 3Q Earnings Snapshot

·1 min read

LITTLE ROCK, Ark. (AP) _ Dillard's Inc. (DDS) on Thursday reported fiscal third-quarter earnings of $31.9 million.

On a per-share basis, the Little Rock, Arkansas-based company said it had net income of $1.43. Earnings, adjusted for non-recurring costs, were $1.49 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 86 cents per share.

The department store operator posted revenue of $1.02 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $1.21 billion.

Dillard's shares have fallen 39% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $45, a decline of 33% 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 DDS at https://www.zacks.com/ap/DDS