Deckers Outdoor Sees FY25 EPS $29.50-$30.00 Vs $30.290 Est.; Net Sales To Increase 10% To $4.7B
Portfolio Pulse from Benzinga Newsdesk
Deckers Outdoor has provided its financial outlook for FY25, projecting an EPS range of $29.50-$30.00, which is below the estimated $30.29. The company also expects net sales to increase by 10% to $4.7 billion.
May 23, 2024 | 8:22 pm
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Deckers Outdoor's FY25 EPS projection of $29.50-$30.00 is below the estimated $30.29, which may cause short-term negative sentiment. However, the expected 10% increase in net sales to $4.7 billion is a positive indicator.
The lower-than-expected EPS projection is likely to create short-term negative sentiment among investors. However, the positive outlook on net sales growth may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100