Deckers Outdoor Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Deckers Outdoor Corporation (NYSE:DECK) will release earnings results for the first quarter, after the closing bell on Thursday, July 24.

Analysts expect the Goleta, California-based company to report quarterly earnings at 68 cents per share, down from 75 cents per share in the year-ago period. Deckers Outdoor projects to report quarterly revenue at $900.39 million, compared to $825.35 million a year earlier, according to data from Benzinga Pro.

On May 22, Deckers reported fourth-quarter revenue of $1.02 billion, beating analyst estimates of $1.01 billion. The casual footwear and apparel company reported fourth-quarter earnings of $1 per share, beating analyst estimates of 59 cents per share, according to Benzinga Pro.

Deckers Outdoor shares gained 2.3% to close at $108.09 on Wednesday.

Benzinga readers can access the latest analyst ratings on the ...