On Thursday, Skechers USA SKX will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Analysts covering Skechers modeled for quarterly EPS of 13 cents per share on revenue of $881.3 million.
Skechers earnings in the same period a year ago were 4 cents per share. Quarterly sales came in at $764.2 million. If the company were to match the consensus estimate, earnings would be up 225.00 percent. Revenue would be up 15.32 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.44 | 0.44 | 0.55 | 0.11 |
| EPS Actual | 0.59 | 0.38 | 0.6 | 0.04 |
Q4 EPS Estimate: 13 cents per share
Q4 Revenues Estimate: $881 million
Stock Performance
As of Feb. 8, Skechers share price was $40.42. Over the last 52-week period, shares are up 73.77 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts' have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Skechers USA stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Skechers' Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/rbz3er5x
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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