DSW Inc. (DSW) reported first quarter adjusted EPS of $1.00 Wednesday morning, up from $0.98 a year ago. The consensus estimate was for EPS of $0.90. Full year 2013 adjusted EPS is expected to be between $3.40 and $3.60. The consensus estimate is for EPS of $3.49.
DSW gapped up sharply Wednesday and rose in early trade, before settling into a range. The stock finished with a gain of 2.50 at $72.48 on above average volume. DSW climbed past the upper end of a 2-week range and set a new high for the year.
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