Deckers Brands (DECK) Tops Q3 EPS by 99c; Guides
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February 3, 2023 9:08 AM EST
After the close on Thursday, Deckers Brands (NYSE: DECK) released the figures for its latest quarter, topping consensus expectations for both profit and revenue, impressing Wall Street analysts.
The company reported earnings of $10.48 per share on revenue of $1.35 billion. Analysts expected earnings of $9.49 per share on revenue of $1.24 billion.
Reacting to the report, Cowen's John Kernan, who maintained an Outperform rating on the stock and raised the price target to $480 from $476,... More
February 3, 2023 6:11 AM EST
Cowen analyst John Kernan raised the price target on Deckers Outdoor (NYSE: DECK) to $480.00 (from $476.00) while maintaining a Outperform rating following earnings.
The analyst commented, "Current execution and trends suggest Deckers is taking a conservative stance with Q4 sales guidance. We still... More
