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Deckers Outdoor Corp. (DECK) Is Rising On Q1 Earnings News

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Deckers Outdoor Corp. (DECK: Quote) reported a first quarter loss of $1.07 after the close Thursday, compared to the loss of $0.85 in the previous year. The consensus estimate was for a loss of $1.28. Second quarter EPS is expected to come in at approximately $0.98, compared to the consensus estimate of $1.13. The company now expects fiscal year 2015 diluted EPS to increase approximately 14.5% over the twelve month period ended March 31, 2014, from the previous guidance of 13.5%. The stock is now up 4.82 on 155K shares.

Deckers Outdoor traded in a range for the majority of Thursday's session and closed up by 0.25 at $85.23. The stock finished near the upper end of a 1-month range.

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by RTT Staff Writer

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