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

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Dillard’s, Inc. (DDS - Free Report) 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.

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