Skechers USA Inc reports results for the quarter ended December 31 - Earnings Summary

Skechers USA

07/02/2025 02:42

* Skechers USA Inc  SKX.N  reported quarterly adjusted
earnings of
65 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 56 cents.  The mean expectation of fifteen analysts for the
quarter was for earnings of 75 cents per share. Wall Street
expected results to range from 72 cents to 80 cents per share.
    * Revenue rose 12.8% to $2.21 billion from a year ago;
analysts
expected $2.22 billion. 
    * Skechers USA Inc's reported EPS for the quarter was 65
cents​.
    * The company reported quarterly net income of $99.33
million.
    * Skechers USA Inc shares had risen by 10.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the footwear peer
group
is also "buy"

Wall Street's median 12-month price target for Skechers USA Inc
is $83.00 
This summary was machine generated from LSEG data February 7 at
02:41 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.75           0.65           Missed
 Sep. 30 2024      1.15           1.26           Beat
 Jun. 30 2024      0.95           0.91           Missed
 Mar. 31 2024      1.10           1.33           Beat