Deckers Outdoor Plunges After Q4 Earnings

Deckers Outdoor

, maker of the popular Ugg and Teva footwear brands, released its Q4 earnings results after the closing bell on Thursday. The company Goleta, California based company reported Q4 EPS of $3.18 versus Street consensus of $3.14. Revenues came in at $603.9 million compared to Wall Street analysts' consensus estimates of $565.21 million. Deckers guided first quarter revenues up 19% and full-year 2012 EPS flat year over year versus 2011. Despite the top and bottom line beats by DECK, the stock has plummeted in the after hours trading session, losing around 11% to $80.61 in the immediate wake of the Q4 report. The company's guidance is the likely culprit for investor disappointment.