Inside the outdoor industry

Deckers updates guidance

Forecast is latest since February


Deckers Outdoor Corporation has issued an update on its fourth quarter earnings guidance.

The company provided EPS guidance of (0.10)-0.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.44. The company issued revenue guidance of $354.8-$359.7 million, compared to the consensus revenue estimate of $383.47 million.

Shares opened at $46.62 on Monday. Deckers has a one year low of $45.02 and a one year high of $69.94. The stock has a market capitalisation of $1.50 billion, a P/E ratio of 13.41 and a beta of 0.88. The stock has a 50 day moving average of $56.93 and a 200-day moving average of $59.96.

The firm last released its quarterly earnings data in February. The company reported $4.11 EPS for the quarter, missing the consensus estimate of $4.24 by $0.13. It had a positive return on equity of 12.53% and a negative net margin of 0.13%. The business earned $760.30 million during the quarter, compared to the consensus estimate of $789.08 million. During the same quarter in the previous year, the business posted $4.78 earnings per share.

Quarterly revenue was down 4.5% compared to the same quarter last year. Equities analysts forecast that Deckers Outdoor Corporation will post $4.14 earnings per share for the current year.

Comments are closed.