Deckers Brands Raises FY24 EPS Outlook From $21.75-$22.25 To $22.90- $23.25 (Est. $22.62), Net Sales From $3.98B To $4.025B (Est $4.01B)
Portfolio Pulse from Benzinga Newsdesk
Deckers Brands has increased its FY24 EPS outlook from $21.75-$22.25 to $22.90-$23.25, surpassing the estimated $22.62. The company also raised its net sales forecast from $3.98B to $4.025B, slightly above the estimated $4.01B.
October 26, 2023 | 9:13 pm
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POSITIVE IMPACT
Deckers Brands has raised its FY24 EPS and net sales forecasts, both surpassing estimates. This could potentially lead to a positive market reaction.
Deckers Brands has raised its FY24 EPS and net sales forecasts, both of which are above the market estimates. This indicates strong performance and growth, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100