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Steven Madden Ltd (SHOO) Reports In-Line Q1 EPS of 50c; Raises FY12 Outlook

May 3, 2012 7:16 AM EDT Send to a Friend
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Price: $33.74 -2.09%

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Income from operations: 40.31M

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Steven Madden Ltd (NASDAQ: SHOO) reported Q1 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $266 million versus the consensus estimate of $249.93 million.

Steven Madden Ltd sees FY2012 EPS of $2.62-$2.72, versus prior guidance of $2.60-$2.70 and the consensus of $2.67. Sales are expected to be up 24-26 percent, better than prior guidance of up 21-23 percent.

For earnings history and earnings-related data on Steven Madden Ltd (SHOO) click here.

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