Deckers Outdoor's Q3 Earnings Outlook

Deckers Outdoor DECK unveils its next round of earnings Thursday. Get prepared with Benzinga's ultimate preview for Deckers Outdoor's Q3 earnings.

Earnings and Revenue

Based on Deckers Outdoor management projections, analysts predict EPS of $3.81 on revenue of $747.2 million.

In the same quarter last year, Deckers Outdoor announced EPS of $4.11 cents per share on revenue of $760 million. If the company were to report inline earnings when it publishes results Thursday, sales would have fallen 1.73 percent from the same quarter last year.

Here's how the Deckers Outdoor's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 1.02 -1.67 -0.06 4.24
EPS Actual 1.54 -1.28 0.11 4.11

 

Q3 EPS Estimate: $3.81
Q3 Revenues Estimate: $747 million

Stock Performance

Shares of Deckers Outdoor are trading around $87.23. Over the last 52-week period, shares are up 52.13 percent. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Deckers Outdoor. The strength of this rating has maintained conviction over the past three months.

Conference Call

Deckers Outdoor's Q3 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: http://ir.deckers.com/News

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