The highly anticipated financial results for the third quarter of Skechers U.S.A. (NYSE: SKX) are scheduled to be disclosed on Thursday 24th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
According to the forecasts of financial experts on Wall Street, the organization is expected to reveal an anticipated $1.15 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $2.31 billion.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $8.93 billion. They also believe the company will reach about profit of $4.17 per share for the fiscal year.
During the same quarter of the previous year, the company made public its income of $0.93 per share, which were derived from a quarterly revenue of $2.03 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.91 | -7.1% | 2.16 B | +7.2% |
| Q1 2024 | $1.33 | +38.5% | 2.25 B | +12.5% |
| Q4 2023 | $0.56 | +16.7% | 1.96 B | +4.4% |
| Q3 2023 | $0.93 | +69.1% | 2.03 B | +7.8% |
| Q2 2023 | $0.98 | +69.0% | 2.01 B | +7.8% |
| *Growth on year-over-year basis | ||||
SKX will host a conference call with investment community on 24th October 2024 at 04:30 PM eastern time to discuss the financial results.
Skechers U.S.A. (SKX) closed Tuesday's regular trading session at $62.54, demonstrating a 0.29 percent gain. During the day, SKX shares traded between $61.77 and $62.57, with a day volume of 2.49 million shares.
