Deckers Outdoor Floored After Mixed Guidance

shares were trading lower by $2.15 at $69.06 in Friday's session. The issue is way off its after-hours high of $77.40 that was instigated by a better-than-expected Q4 report for EPS and sales. Following the brief rally, the issue nose-dived over $10 when the company issued weak Q1 guidance (loss of $1.52 per share vs. an estimated loss of $1.17). The fact the company guided higher for FY 2016 ($5.60 vs. $5.05 estimates) has been overshadowed by the wider than expected loss outlook. During the regular session, the issue topped out on its opening print ($71.65), which coincides with the double close from Wednesday ($71.57) and Thursday ($71.20). So far, it has declined to $67.32 and has been struggling to remain in the $69 handle.