Deckers Outdoor (DECK) Tops Q4 EPS by 54c, Offers FY Guidance

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Deckers (DECK) Soars After Delivering a Blowout Quarter, Analysts Raise PTs as 'More to Come'

May 21, 2021 8:33 AM EDT

Shares of Deckers Brands (NYSE: DECK) are up 6% in pre-open trading Friday after the company delivered stronger-than-expected Q4 results.

The company made $33.5 million in the quarter, or $1.18 per share, beating analysts' expectations of 58 cents per share. Revenue came in at $561.2 million in Q4, also above analysts forecast of $438.1 million.

For the full fiscal year, Deckers reported a profit of $382.6 million, or $13.47 per share on revenue of $2.55 billion. The footwear designer said it expects full-year earnings to land between $14.05 and $14.65 per share, with revenue in the range of $2.95 billion to $3... More

Deckers Outdoor (DECK) PT Raised to $425 at BofA Securities

May 21, 2021 6:35 AM EDT

BofA Securities analyst Rafe Jadrosich raised the price target on Deckers Outdoor (NYSE: DECK) to $425.00 (from $385.00) while maintaining a Buy rating following the blowout quarter.

new F2023E EPS of $17.00 (was $15.40).... More

Deckers Outdoor (DECK) Raises Buyback Buy $750M

May 20, 2021 4:15 PM EDT

With earnings, Deckers Outdoor (NYSE: DECK) said during the fourth quarter, the Company repurchased approximately 307 thousand shares of its common stock for a total of $99.1 million at an average price of $322.87. As of March 31, 2021, the Company had $60.7 million remaining under its stock repurchase... More