Recap: Deckers Outdoor Q3 Earnings
Portfolio Pulse from Benzinga Insights
Deckers Outdoor (NYSE:DECK) reported Q3 earnings with an EPS of $15.11, surpassing estimates by 32.31% and marking a revenue increase of $214 million from the previous year. This follows a pattern of beating EPS estimates and subsequent share price increases, as seen in the last quarter with an 18.94% rise post-earnings announcement.
February 01, 2024 | 9:20 pm
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Deckers Outdoor reported a significant beat on Q3 earnings and a notable year-over-year revenue increase, continuing its trend of surpassing EPS estimates.
Deckers Outdoor's substantial beat on earnings estimates and the historical pattern of share price increases following earnings beats suggest a positive short-term impact on DECK's stock price. The company's consistent performance in surpassing EPS estimates and the significant year-over-year revenue growth further reinforce this outlook.
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IMPORTANCE 90
RELEVANCE 100