Rocky Brands, Inc. (NASDAQ:RCKY) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.58 per share.
Looking ahead, the full year income are expected at $ 1.65 per share on the revenues of $ 255.10 million.
Previous Quarter Performance
Rocky Brands, Inc. posted income for the second quarter of $ 0.44 per share, from the revenue of $ 56.19 million. The quarterly earnings raised 4.76 percent while revenues declined 9.31 percent compared with the same quarter last year.
Wall street analysts are predicting, RCKY to report 2Q20 loss of $ 0.16 per share from revenue of $ 42.10 million. The bottom line results beat street analysts by $ 0.6 or 375.00 percent, at the same time, top line results outshined analysts by $ 14.09 million or 33.47 percent.
Stock Performance
Shares of Rocky Brands, Inc. traded low $ -0.08 or -0.32 percent on Friday, reaching $ 25.26 with volume of 14.10 thousand shares. Rocky Brands, Inc. has traded high as $ 25.62 and has cracked $ 25.20 on the downward trend
According to the previous trading day, closing price of $ 25.26, representing a 69.39 % increase from the 52 week low of $ 14.96 and a 19.12 % decrease over the 52 week high of $ 31.33.
The company has a market capital of $ 186.04 million and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Conference Call
Rocky Brands, Inc. will be hosting a conference call at 4:30 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.rockybrands.com
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, and Michelin brand names in the United States, Canada, and internationally. The company operates through three segments: Wholesale, Retail, and Military.
