Deckers Outdoor beats by $1.15, beats on revs; guides Q4 EPS below consensus, revs below consensus; raises FY18 EPS above consensus, revs above consensus (87.26 +1.55)
- Reports Q3 (Dec) earnings of $4.97 per share, excluding non-recurring items, $1.15 better than the Capital IQ Consensus of $3.82; revenues rose 6.6% year/year to $810.5 mln vs the $748.38 mln Capital IQ Consensus.
- Co issues downside guidance for Q4, sees EPS of $0.15-0.20, excluding non-recurring items, vs. $0.24 Capital IQ Consensus Estimate; sees Q4 revs of $370-375 mln vs. $377.43 mln Capital IQ Consensus Estimate.
- Co raises guidance for FY18, sees EPS of $5.37-5.42, excluding non-recurring items, vs. $4.33 Capital IQ Consensus Estimate, from $4.15-4.30; sees FY18 revs of $1.873-1.878 bln vs. $1.82 bln Capital IQ Consensus Estimate.