Deckers Outdoor (Nasdaq: DECK ) is expected to report Q3 earnings around Oct. 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Deckers Outdoor's revenues will shrink -0.2% and EPS will decrease -33.3%.
The average estimate for revenue is $413.5 million. On the bottom line, the average EPS estimate is $1.06.
Last quarter, Deckers Outdoor notched revenue of $174.4 million. GAAP reported sales were 13% higher than the prior-year quarter's $154.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at -$0.53. GAAP EPS were -$0.53 for Q2 compared to -$0.19 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 42.2%, 50 basis points worse than the prior-year quarter. Operating margin was -16.5%, 950 basis points worse than the prior-year quarter. Net margin was -11.5%, 670 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.51 billion. The average EPS estimate is $4.09.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 780 members out of 909 rating the stock outperform, and 129 members rating it underperform. Among 205 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 173 give Deckers Outdoor a green thumbs-up, and 32 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Deckers Outdoor is outperform, with an average price target of $73.13.
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