DSW Falls 10% On Latest Earnings

Shares of women’s shoe retailer DSW Inc (DSW) fell $3.10 or 10.53% to $26.33 after the company released its 2009 Q4 earnings results, which came in at $0.30 against estimates of $0.32. The company also announced that it now expects fiscal 2010 earnings to come in between $1.35 and $1.45 per share, up from its previous guidance of $1.15 to $1.25 per share. Current analysts’ estimates are for 2010 EPS of $1.40.

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