Steven Madden Ltd expected to post earnings of 48  cents a share - Earnings Preview

Steven Madden

05/05/2023 19:34

* Steven Madden Ltd  SHOO.OQ   SHOO.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 9. 
    * The Long Island City New York-based  company is expected
to
report  a 19.6% decrease in revenue to $447.853 million from
$557.34 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Steven Madden Ltd
is for
earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $40.5​, above​ its last closing price of $32.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.44        0.45       0.42      Missed  -5.8
 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.        0.72        0.72       0.81      Beat    12.1
 31 2021                                                
 Sep. 30 2021  0.78        0.77       0.82      Beat    6.3​
 Jun. 30 2021  0.32        0.31       0.48      Beat    55.1
 Mar. 31 2021  0.17        0.17       0.33      Beat    94.2
 This summary was machine generated May 5 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated