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Market Overview

Deckers Outdoor's Earnings: A Preview

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On Thursday, February 04, Deckers Outdoor (NYSE:DECK) will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street expects EPS of $7.07 and sales around $955.81 million. In the same quarter last year, Deckers Outdoor reported EPS of $7.14 on revenue of $938.74 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 0.98% decline in the company's earnings. Sales would be up 1.82% on a year-over-year basis. Here is how the company's EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2020
EPS Estimate 2.47 -1.11 0.21 6.55
EPS Actual 3.58 -0.28 0.57 7.14
Revenue Estimate 541.50 M 256.69 M 374.19 M 900.85 M
Revenue Actual 623.52 M 283.17 M 374.91 M 938.74 M

Stock Performance

Over the last 52-week period, shares are up 62.04%. 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.

Do not be surprised to see the stock move on comments made during its conference call. Deckers Outdoor is scheduled to hold the call at 16:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings