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Designer Brands DBI reported its Q2 earnings results on Wednesday, August 31, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Designer Brands beat estimated earnings by 19.23%, reporting an EPS of $0.62 versus an estimate of $0.52.
Revenue was up $41.98 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24 which was followed by a 2.35% increase in the share price the next day.
Here’s a look at Designer Brands’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.16 | 0.56 | 0.24 |
| EPS Actual | 0.48 | 0.15 | 0.86 | 0.56 |
| Revenue Estimate | 815.33M | 839.61M | 897.50M | 751.21M |
| Revenue Actual | 830.54M | 822.63M | 853.47M | 817.34M |
To track all earnings releases for Designer Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.