Steven Madden's Q2 Earnings Preview

On Tuesday, Steven Madden SHOO will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Steven Madden earnings will be near 59 cents per share on sales of $390.5 million, according to analysts.

If the company were to report inline earnings when it publishes results Tuesday, earnings would be up 15.69 percent. Sales would be up 4.38 percent on a year-over-year basis. Steven Madden's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.5 0.47 0.77 0.45
EPS Actual 0.54 0.48 0.77 0.51

Stock Performance

Over the last 52-week period, shares are up 30.13 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.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Steven Madden. The strength of this rating has maintained conviction over the past three months.

Conference Call

Steven Madden's Q2 is scheduled to hold a conference call at 8:30 a.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/qwurxuk7

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Posted In: EarningsNewsEarnings Previews
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