How To Earn $500 A Month From Designer Brands Stock Ahead Of Q3 Earnings

Designer Brands Inc. (NYSE:DBI) will release earnings for its third quarter, before the opening bell on Tuesday, Dec. 10.

Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 35 cents per share, up from 24 cents per share in the year-ago period. Designer Brands projects to report quarterly revenue of $802.14 million, compared to $786.33 million a year earlier, according to data from Benzinga Pro.

On Dec. 4, Telsey Advisory Group analyst Dana Telsey maintained Designer Brands with a Market Perform and maintained a $6 price target.

With the recent buzz around Designer Brands, some investors may be eyeing potential gains from the company's dividends, too. Currently, Designer Brands — the parent company of Designer Shoe Warehouse and Topo Athletic — offers an annual dividend yield of 3.44%, ...

Full story available on Benzinga.com