Steven Madden Ltd expected to post earnings of 53 cents a share - Earnings Preview

Steven Madden

29/07/2024 17:29

* Steven Madden Ltd  SHOO.OQ   SHOO.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 31 for the
period ending June 30 2024
    * The Long Island City New York-based  company is expected
to
report a 16.4% increase in revenue to $515.414 million from
$442.84 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Steven Madden Ltd is for
earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"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 $44.00​, below​ its last closing price of $44.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.56        0.56       0.65      Beat    15.8
 Dec. 31 2024  0.57        0.57       0.61      Beat    
 Sep. 30 2023  0.87        0.86       0.88      Beat    2.4​
 Jan. 1 0001   0.46        0.46       0.47      Beat    
 ​​Mar.        0.48        0.48       0.50      Beat    3.3
 31 2023                                                
 Dec. 31 2022  0.44        0.45       0.42      Missed  -5.8​
 Jan. 1 0001               0.78       0.79      Beat    1.2
 Jan. 1 0001               0.60       0.63      Beat    5
 This summary was machine generated July 29 at 16:29 GMT.  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)