Deckers Outdoor (DECK) Slammed on Q4 Results, Weak Guidance
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Price: $813.30 --0%
EPS Growth %: -19.7%
Financial Fact:
Cost of sales: 269.52M
Today's EPS Names:
MAXN, CSTR, ACU, More
EPS Growth %: -19.7%
Financial Fact:
Cost of sales: 269.52M
Today's EPS Names:
MAXN, CSTR, ACU, More
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Deckers Outdoor (Nasdaq: DECK) is under heavy pressure after-hours Thursday following solid fourth quarter results but concerning guidance.
Deckers reported Q4 EPS of $3.18, $0.04 better than the analyst estimate of $3.14. Revenue for the quarter came in at $603.9 million versus the consensus estimate of $565.21 million.
The company sees full year 2012 diluted earnings per share to be approximately flat with 2011. This would equal EPS of $5.07 per share, which is sharply below the consensus of $5.79. The Company expects full year revenues to increase approximately 15% over 2011 levels.
For Q1 2012, the company sees EPS down 50% from last year . This would suggest EPS of $0.25, which is well below the consensus of $0.63. They see revenue up 19% over last year.
The company cited the increase in sheepskin costs in 2012 compared to 2011.
Shares of Deckers Outdoor last traded at $80, down 11 percent from the close.
Deckers reported Q4 EPS of $3.18, $0.04 better than the analyst estimate of $3.14. Revenue for the quarter came in at $603.9 million versus the consensus estimate of $565.21 million.
The company sees full year 2012 diluted earnings per share to be approximately flat with 2011. This would equal EPS of $5.07 per share, which is sharply below the consensus of $5.79. The Company expects full year revenues to increase approximately 15% over 2011 levels.
For Q1 2012, the company sees EPS down 50% from last year . This would suggest EPS of $0.25, which is well below the consensus of $0.63. They see revenue up 19% over last year.
The company cited the increase in sheepskin costs in 2012 compared to 2011.
Shares of Deckers Outdoor last traded at $80, down 11 percent from the close.
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