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Deckers Outdoor Corp Announces Increase In Q1 Income, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Deckers Outdoor Corp (DECK) reported a profit for its first quarter that Increases, from last year and beat the Street estimates.

The company's bottom line totaled $139.20 million, or $0.93 per share. This compares with $115.63 million, or $0.75 per share, last year.

Analysts on average had expected the company to earn $0.68 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 16.9% to $964.54 million from $825.35 million last year.

Deckers Outdoor Corp earnings at a glance (GAAP) :

-Earnings: $139.20 Mln. vs. $115.63 Mln. last year.
-EPS: $0.93 vs. $0.75 last year.
-Revenue: $964.54 Mln vs. $825.35 Mln last year.

-Guidance:
Next quarter revenue guidance: $1.38 - $1.42B

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