Skechers USA Inc reports results for the quarter ended March 31 - Earnings Summary
24/04/2025 22:02
Skechers USA Inc SKX.N reported quarterly adjusted earnings of $1.34 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.33. The mean expectation of fifteen analysts for the quarter was for earnings of $1.17 per share. Wall Street expected results to range from $1.13 to $1.30 per share. Revenue rose 7.1% to $2.41 billion from a year ago; analysts expected $2.43 billion. Skechers USA Inc's reported EPS for the quarter was $1.34. The company reported quarterly net income of $202.44 million. Skechers USA Inc shares had fallen by 13.9% this quarter and lost 27.3% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 24.4% in the last three months. In the last 30 days, three 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 $64.00 This summary was machine generated from LSEG data April 24 at 09:01 p.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 |
| Mar. 31 2025 | 1.17 | 1.34 | Beat |
| Dec. 31 2024 | 0.75 | 0.65 | Missed |
| Sep. 30 2024 | 1.15 | 1.26 | Beat |
| Jun. 30 2024 | 0.95 | 0.91 | Missed |
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