Deckers Outdoor Corp reports results for the quarter ended March 31 - Earnings Summary

• Deckers Outdoor Corp DECK.N reported quarterly adjusted earnings of $1.00​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 83 cents. The mean expectation of twenty analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from 46 cents to 90 cents per share.

• Revenue rose 6.5% to $1.02 billion from a year ago; analysts expected $1.01 billion.

• Deckers Outdoor Corp's reported EPS for the quarter was $1.00​.

• The company reported quarterly net income of $151.41 million.

• Deckers Outdoor Corp shares had risen by 10.3% this quarter and lost 39.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.9% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the footwear peer group is also "buy"

• Wall Street's median 12-month price target for Deckers Outdoor Corp is $150.00

This summary was machine generated from LSEG data May 22 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)