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Skechers USA Inc Announces Decline In Q3 Bottom Line

Skechers USA Inc (SKX) reported a profit for third quarter that fell from last year.

The company's earnings came in at $90.7 million, or $0.58 per share. This compares with $92.3 million, or $0.59 per share, in last year's third quarter.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.3% to $1.18 billion from $1.09 billion last year.

Skechers USA Inc earnings at a glance:

-Earnings (Q3): $90.7 Mln. vs. $92.3 Mln. last year.
-EPS (Q3): $0.58 vs. $0.59 last year.
-Analysts Estimate: $0.51
-Revenue (Q3): $1.18 Bln vs. $1.09 Bln last year.

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