Deckers Outdoor Q1 EPS $2.41 Beats $2.21 Estimate, Sales $675.80M Beat $664.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Deckers Outdoor (NYSE:DECK) reported Q1 earnings of $2.41 per share, beating the analyst consensus estimate of $2.21 by 9.05%. This is a 45.18% increase from the same period last year. The company also reported quarterly sales of $675.80 million, beating the analyst consensus estimate of $664.95 million by 1.63%. This is a 9.98% increase from the same period last year.
July 27, 2023 | 8:13 pm
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POSITIVE IMPACT
Deckers Outdoor's Q1 earnings and sales beat analyst estimates, showing significant YoY growth. This positive financial performance could potentially boost investor confidence and the company's stock price in the short term.
Deckers Outdoor's Q1 earnings and sales exceeded analyst estimates, indicating strong financial performance. This positive news is likely to be well received by investors, potentially leading to increased demand for the company's stock and a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100