Deckers Outdoor (DECK) Restarts Buybacks, PT Raised to $436 at Jefferies
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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 EDTShares 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
