Quiksilver Earnings Preview
Quiksilver (NYS: ZQK) came in right in line with the Street's expectations last quarter, but investors are hoping that it will beat them this quarter. The company will unveil its latest earnings on Thursday, March 8. Quiksilver designs, produces, and distributes apparel, winter sports equipment, footwear, accessories, and related products.
What analysts say:
- Buy, sell, or hold?: Analysts strongly back Quiksilver, with seven of nine rating it a buy and the remainder rating it a hold. Analysts don't like Quiksilver as much as competitor Oxford Industries overall. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $437.4 million in revenue this quarter. That would represent a rise of 2.6% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is a loss of $0.10 per share. Estimates range from a loss of $0.17 to a loss of $0.03.
What our community says:
CAPS All-Stars are strongly backing the stock, with 83.6% granting it an "outperform" rating. Most of the community backs the All-Stars, with 86.6% giving it a rating of "outperform." Quiksilver's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
Revenue has now gone up for three straight quarters.
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At the time this article was published
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