Market expects Dillard’s to perform in line with previous years

Dillard's, Inc. (NYSE:DDS)’s shares closed the year trading down 3.3 percent, despite analysts on the Street are expecting the apparel retailer to post an earnings per share (EPS) of 3.45 dollars for the quarter that ends on January, 31.

The estimated EPS is the consensus from all of the firms that have issued estimates on the company. It is noteworthy that the stock traded as low as 65.54 dollars and last traded at 65.67 dollars, with a volume of 308,828 shares traded.

Research analysts have a consensus long-term growth estimate of 8.04 dollars on the company for the next three to five years, in line with the estimates issued three months ago.

In fact, five analysts from the sell-side that cover Dillard's, Inc. have given stock price projections where they expect the number to be within the next year. The consensus target from these analysts comes in at 72.4 dollars.

Dillard's, Inc. last reported earnings per share of 1.03 dollars for the quarter to October, 31, falling short by 12 cents from the consensus estimate.