Deckers Brands Expects FY24 Net Sales To Be Approximately $3.95B (Consensus $3.97B), EPS Of $21.10-$21.60 (Consensus $21.77)
Portfolio Pulse from Benzinga Newsdesk
Deckers Brands forecasts FY24 net sales of approximately $3.95B, slightly below the consensus estimate of $3.97B, and EPS of $21.10-$21.60, lower than the consensus of $21.77.
May 25, 2023 | 8:10 pm
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NEGATIVE IMPACT
Deckers Brands' FY24 net sales and EPS projections are below consensus estimates, potentially impacting its stock price.
Deckers Brands' lower-than-expected FY24 net sales and EPS projections may lead to a negative sentiment among investors, potentially causing the stock price to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100