Shoes and clothing conglomerate (Nyse: Deck) will announce the results of the results tomorrow after the bell. You need to know the following.
The sales expectations of the analysts have 9.1% of 9.1% in the past quarter and reported sales of 1.31 billion US dollars compared to 20.1% compared to the previous year. It was a very strong quarter for the company with an impressive blow of the constant sales revenues and EBITDA estimates of the analysts.
Does Deckers go to the result? Read our full analysis here, it's free.
In this quarter, the analysts expect the sales of Deckers to grow 11% to 1.73 billion US dollars compared to the previous year, which slowed down from the increase in the previous year by 16%. The adapted profit is expected to be $ 2.59 per share.
Analysts that cover the company have generally re -confirmed their estimates in the past 30 days, which indicates that the company will take the course on the way to the profit countries. Deckers has missed Wall Street's sales estimates twice in the past two years.
If you look at the colleagues from Deckers in the consumer discretion segment, some have already reported their Q4 results and gave us an indication of what we can expect. Nike's revenue decreased by 7.7%compared to the previous year, with the expectations of the analysts to exceed 1.8%, and VF Corp reported the income by 1.9%and exceeded the estimates by 2.8%. Nike's share price was unchanged according to the results.
Read our complete analysis of the results of Nike and the results of VF Corp here.
There was a positive mood among investors in the consumer discretion segment, although the share prices rose by an average of 5.1% last month. The Deckers rose by 7.1% at the same time and are a profit with an average analyst course of $ 217.06 (compared to the current share price of $ 216.85).
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