Deckers Outdoor Corporation (NYSE:DECK) is reporting second quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, DECK is expected to report 2Q21 income of $ 2.63 per share from revenue of $ 553.62 million.
For the full year, analysts anticipate top line of $ 2187.36 million, while looking forward to income of $ 9.85 per share bottom line.
Previous Quarter Performance
Deckers Outdoor Corporation communicated loss for the first quarter of $ 0.28 per share, from the revenue of $ 283.17 million. The quarterly revenues improved 9.03 percent compared with the same quarter last year. The consensus estimates are loss of $ 1.11 per share from $ 257.84 million in revenue. The bottom line results beat street analysts by $ 0.83 or 74.77 percent, at the same time, top line results outshined analysts by $ 25.33 million or 9.82 percent.
Stock Performance
Shares of Deckers Outdoor Corporation traded low $ -11.82 or -4.51 percent on Wednesday, reaching $ 250.21 with volume of 358.80 thousand shares. Deckers Outdoor Corporation has traded high as $ 258.39 and has cracked $ 246.87 on the downward trend
According to the previous trading day, closing price of $ 250.21, representing a 232.95 % increase from the 52 week low of $ 78.70 and a 1.9 % decrease over the 52 week high of $ 267.10.
The company has a market capital of $ 7.01 billion and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Conference Call
Deckers Outdoor Corporation will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.deckers.com
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name. The company also provides running footwear and apparel under the Hoka brand name; and fashion casual footwear using sheepskin and other plush materials under the Koolaburra brand.
