Rocky Brands Q3 2023 Adj EPS $1.09 Beats $0.56 Estimate, Sales $125.61M Beat $117.08M Estimate
Portfolio Pulse from vinayak@benzinga.com
Rocky Brands (NASDAQ:RCKY) reported Q3 2023 earnings of $1.09 per share, beating the analyst consensus estimate of $0.56 by 94.64%. This is a 47.3% increase from the same period last year. The company also reported quarterly sales of $125.61 million, beating the analyst consensus estimate of $117.08 million by 7.29%. However, this is a 14.83% decrease from the same period last year.
November 01, 2023 | 8:30 pm
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Rocky Brands reported strong Q3 2023 earnings, significantly beating estimates. However, sales decreased compared to the same period last year.
Rocky Brands reported a significant beat on earnings estimates, which is likely to have a positive impact on the stock price. However, the decrease in sales compared to the same period last year could temper this positive impact.
CONFIDENCE 90
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RELEVANCE 100