Skechers USA SKX announces its next round of earnings this Thursday, Feb. 7. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Analysts covering Skechers modeled for quarterly EPS of 23 cents on revenue of $1.1 billion.
Skechers reported a per-share loss of 21 cents when it published results during the same quarter last year. Sales in that period totaled $970.58 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 9.52 percent. Revenue would be up 13.33 percent on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.52 | 0.41 | 0.74 | 0.13 |
EPS Actual | 0.58 | 0.29 | 0.68 | 0.21 |
Stock Performance
Over the last 52-week period, shares are down 32.02 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Skechers stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Skechers is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here: https://investors.skechers.com/events-presentations/events
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.