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Skechers USA Inc. (SKX) Is Climbing On Better Than Expected Q3 Earnings

Skechers USA Inc. (SKX) reported third quarter EPS of $0.58 after the close Thursday, compared to $0.59 in the previous year. Analysts expected EPS of $0.51. The company's revenue for the quarter rose 8.3% to $1.18 billion from $1.09 billion last year. The stock is now up 1.11 on 642K shares.

Skechers declined for the bulk of the morning Thursday and finished with a loss of 0.57 at $26.12.

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