Dillard’s (NYSE:DDS) Releases Earnings Results, Misses Estimates By $1.38 EPS

Dillard’s (NYSE:DDS) posted its quarterly earnings data on Thursday. The company reported $4.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.97 by ($1.38), Briefing.com reports. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.53 billion. Dillard’s had a return on equity of 38.66% and a net margin of 10.68%. The firm’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.98 earnings per share.

Dillard’s Stock Performance

NYSE:DDS traded down $0.31 during mid-day trading on Friday, hitting $348.58. 111,226 shares of the stock were exchanged, compared to its average volume of 103,884. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 7.93 and a beta of 0.90. The firm’s 50-day simple moving average is $413.34 and its 200 day simple moving average is $422.62. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.17 and a current ratio of 2.40. Dillard’s has a fifty-two week low of $286.39 and a fifty-two week high of $476.48.

Dillard’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 5th. Investors of record on Friday, June 28th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, June 28th. This represents a $1.00 annualized dividend and a yield of 0.29%. Dillard’s’s payout ratio is currently 2.27%.

Analyst Ratings Changes

Several brokerages recently commented on DDS. UBS Group reduced their price target on Dillard’s from $202.00 to $194.00 and set a “sell” rating for the company in a research report on Friday. Telsey Advisory Group cut their price objective on Dillard’s from $475.00 to $380.00 and set a “market perform” rating for the company in a research report on Friday.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.