Steven Madden Ltd expected to post earnings of 45cents a share - Earnings Preview

Steven Madden

21/02/2023 19:09

* Steven Madden Ltd  SHOO.OQ   SHOO.O  is expected to show a
fall
in quarterly revenue when it reports  results on February 23. 
    * The Long Island City New York-based  company is expected
to
report  a 20.3% decrease in revenue to $458.227 million from
$575.14 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Steven Madden Ltd
is for
earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $35.5​, above​ its last closing price of $34.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.78        0.78       0.79      Beat    1.2
 Jun. 30 2022  0.60        0.60       0.63      Beat    5
 Mar. 31 2022  0.52        0.51       0.92      Beat    80.7​
 Dec. 31 2021  0.72        0.72       0.81      Beat    12.1
 ​​Sep.        0.78        0.77       0.82      Beat    6.3
 30 2021                                                
 Jun. 30 2021  0.32        0.31       0.48      Beat    55.1​
 Mar. 31 2021  0.17        0.17       0.33      Beat    94.2
 Dec. 31 2020  0.23        0.21       0.27      Beat    26.9
 This summary was machine generated February 21 at 19:09 GMT. 
All figures in US dollars  unless otherwise stated