An Overview of Skechers USA's Earnings
Portfolio Pulse from Benzinga Insights
Skechers USA (NYSE:SKX) is set to release its quarterly earnings report on October 24, 2024, with analysts expecting an EPS of $1.15. The company has a 'Buy' consensus rating and a one-year price target of $78.0, indicating a potential 24.72% upside. Skechers has shown strong revenue growth and profitability metrics compared to its peers.
October 23, 2024 | 8:02 pm
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Skechers USA is expected to report an EPS of $1.15 for the upcoming earnings release. The company has a 'Buy' rating and a price target of $78.0, suggesting a potential 24.72% upside. Past performance shows a positive stock reaction even when EPS estimates were missed.
The upcoming earnings report is crucial for Skechers, with analysts expecting a positive EPS. The 'Buy' rating and significant upside potential suggest a likely positive impact on the stock price. Historical data shows stock price increases even when EPS estimates were missed.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100