Does The Street Have Deckers Outdoor Figured Out?
Deckers Outdoor (NAS: DECK) is expected to report Q4 earnings around Feb. 21. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Deckers Outdoor's revenues will increase 3.2% and EPS will contract -17.6%.
The average estimate for revenue is $623.2 million. On the bottom line, the average EPS estimate is $2.62.
Revenue details
Last quarter, Deckers Outdoor chalked up revenue of $376.4 million. GAAP reported sales were 9.2% lower than the prior-year quarter's $414.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $1.18. GAAP EPS of $1.18 for Q3 were 26% lower than the prior-year quarter's $1.59 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 42.3%, 670 basis points worse than the prior-year quarter. Operating margin was 15.8%, 610 basis points worse than the prior-year quarter. Net margin was 11.4%, 370 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.42 billion. The average EPS estimate is $3.34.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 798 members out of 926 rating the stock outperform, and 128 members rating it underperform. Among 241 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 209 give Deckers Outdoor a green thumbs-up, and 32 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Deckers Outdoor is outperform, with an average price target of $58.08.
Selling to fickle consumers is a tough business for Deckers Outdoor or anyone else in the space. But some companies are better equipped to face the future than others. In a new report, we'll give you the rundown on three companies that are setting themselves up to dominate retail. Click here for instant access to this free report.
Add Deckers Outdoor to My Watchlist.
The article Does The Street Have Deckers Outdoor Figured Out? originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
