Deckers Outdoor Corp (DECK) released earnings for its fourth quarter that increased from last year.
The company's bottom line came in at $23.97 million, or $0.82 per share. This compares with $20.62 million, or $0.66 per share, in last year's fourth quarter.
Excluding items, Deckers Outdoor Corp reported adjusted earnings of $24.88 million or $0.85 per share for the period.
Analysts had expected the company to earn $0.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.6% to $394.13 million from $400.68 million last year.
Deckers Outdoor Corp earnings at a glance:
-Earnings (Q4): $24.88 Mln. vs. $15.70 Mln. last year.
-EPS (Q4): $0.85 vs. $0.50 last year.
-Analysts Estimate: $0.07
-Revenue (Q4): $394.13 Mln vs. $400.68 Mln last year.
-Guidance:
Next quarter EPS guidance: ($1.25) - ($1.15).
Next quarter revenue guidance: $250.0 - $260.0 Mln
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