teensexonline.com

Here is What Key Metrics Inform Us About Deckers (DECK) Q2 Earnings

Date:

Deckers (DECK) reported $1.31 billion in income for the quarter ended September 2024, representing a year-over-year improve of 20.1%. EPS of $1.59 for a similar interval compares to $1.14 a yr in the past.

The reported income compares to the Zacks Consensus Estimate of $1.2 billion, representing a shock of +9.58%. The corporate delivered an EPS shock of +30.33%, with the consensus EPS estimate being $1.22.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.

Right here is how Deckers carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Internet gross sales by model and channel- Teva brands- Whole: $22 million versus the five-analyst common estimate of $20.94 million. The reported quantity represents a year-over-year change of +2.3%.
  • Internet gross sales by model and channel- UGG brand- Whole: $689.90 million versus the five-analyst common estimate of $628.71 million. The reported quantity represents a year-over-year change of +13%.
  • Internet gross sales by model and channel- Different brands- Whole: $25.80 million versus the four-analyst common estimate of $31.08 million. The reported quantity represents a year-over-year change of -15.7%.
  • Internet gross sales by model and channel- HOKA brand- Whole: $570.90 million versus the four-analyst common estimate of $516.65 million. The reported quantity represents a year-over-year change of +34.7%.
  • Internet gross sales by model and channel- Sanuk brands- Whole: $2.80 million in comparison with the $3.29 million common estimate based mostly on three analysts. The reported quantity represents a change of -48.2% yr over yr.

View all Key Company Metrics for Deckers here>>>

Shares of Deckers have returned -3.3% over the previous month versus the Zacks S&P 500 composite’s +1.4% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.

7 Greatest Shares for the Subsequent 30 Days

Simply launched: Specialists distill 7 elite shares from the present checklist of 220 Zacks Rank #1 Robust Buys. They deem these tickers “Most Doubtless for Early Worth Pops.”

Since 1988, the total checklist has crushed the market greater than 2X over with a mean achieve of +23.7% per yr. So you’ll want to give these hand picked 7 your rapid consideration. 

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

Share post:

Subscribe

Popular

More like this
Related