Steven Madden Ltd expected to post earnings of 56 cents a share - Earnings Preview

Steven Madden

29/04/2024 14:17

* Steven Madden Ltd  SHOO.OQ   SHOO.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 1 for the
period ending January 1 0001
    * The Long Island City New York-based  company is expected
to
report a 13.9% increase in revenue to $525.892 million from
$461.74 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Steven Madden Ltd is for
earnings of 56 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 had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $44.00​, above​ its last closing price of $40.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.57        0.57       0.61      Beat    7.1
 Sep. 30 2023  0.87        0.86       0.88      Beat    2.4
 Jun. 30 2023  0.46                   0.47              2.3​
 Mar. 31 2023  0.48                   0.50              3.3
 ​​Dec.        0.44        0.45       0.42      Missed  -5.8
 31 2022                                                
 Jan. 1 0001   0.78        0.78       0.79      Beat    5​
 Jan. 1 0001   0.60        0.60       0.63      Beat    80.7
 Jan. 1 0001   0.52        0.51       0.92      Beat    80.7
 This summary was machine generated April 29 at 13:17 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)