Deckers Outdoor Corp Q2 adjusted earnings Beat Estimates
Deckers Outdoor Corp (DECK) reported a profit for its second quarter that rose from last year.
The company’s earnings totaled $74.37 million, or $2.48 per share. This compares with $49.56 million, or $1.54 per share, in last year’s second quarter.
Excluding items, Deckers Outdoor Corp reported adjusted earnings of $71.51 million or $2.38 per share for the period.
Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 4.0% to $501.91 million from $482.46 million last year.
Deckers Outdoor Corp earnings at a glance:
-Earnings (Q2): $71.51 Mln. vs. $49.70 Mln. last year.
-EPS (Q2): $2.38 vs. $1.54 last year.
-Analysts Estimate: $1.72
-Revenue (Q2): $501.91 Mln vs. $482.46 Mln last year.
Next quarter EPS guidance: $5.10 – $5.25
Next quarter revenue guidance: $805 – $825 Mln
Full year EPS guidance: $6.65 – $6.85
Full year revenue guidance: $1.935 – $1.960 Bln
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