DECK - What's Going On With Deckers Outdoor Shares After Earnings? | Benzinga
Deckers Outdoor Corporation (NYSE:DECK) shares are trading higher Friday after the company posted better-than-expected fourth-quarter financial results.
The Details:
Deckers Outdoor reported quarterly earnings of $4.95 per share which beat the analyst consensus estimate of $2.90 by 70.69%. Quarterly sales also came in above estimates at $959.758 million.
Investors appear to be so enamored with the company's quarterly earnings that they are overlooking the company's fiscal year outlook for earnings of between $29.50 and $30.00 per share, slightly below the $30.29 consensus estimate.
Several analysts adjusted their price targets following the print:
- Evercore ISI ...