Recap: Deckers Outdoor Q3 Earnings

Deckers Outdoor DECK reported its Q3 earnings results on Thursday, February 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Deckers Outdoor beat estimated earnings by 2.81%, reporting an EPS of $8.42 versus an estimate of $8.19, which did not surprise analysts.

Revenue was up $110.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.35, which was followed by a 3.93% increase in the share price the next day.

Here's a look at Deckers Outdoor's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 4.01 -0.14 0.64 7.07
EPS Actual 3.66 1.71 1.18 8.99
Revenue Estimate 765.91M 400.74M 435.21M 963.38M
Revenue Actual 721.90M 504.68M 561.19M 1.08B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Deckers Outdoor management provided guidance for their next quarter, expecting earnings between $14.5 and $15.15 per share for the next quarter.

This represents a 76.07% in quarter-over-quarter growth for Deckers Outdoor, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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