Skechers USA (NYSE: SKX ) is expected to report Q4 earnings around Feb. 13. 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 Skechers USA's revenues will increase 19.2% and EPS will remain in the red.
The average estimate for revenue is $337.6 million. On the bottom line, the average EPS estimate is -$0.13.
Last quarter, Skechers USA reported revenue of $429.4 million. GAAP reported sales were 4.3% higher than the prior-year quarter's $413.6 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 $0.22. GAAP EPS of $0.22 for Q3 were 29% higher than the prior-year quarter's $0.17 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.0%, 130 basis points better than the prior-year quarter. Operating margin was 4.7%, 420 basis points better than the prior-year quarter. Net margin was 2.6%, 60 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.50 billion. The average EPS estimate is $0.00.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 496 members out of 523 rating the stock outperform, and 27 members rating it underperform. Among 153 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 146 give Skechers USA a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Skechers USA is outperform, with an average price target of $21.75.
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