Steven Madden Ltd reports results for the quarter ended in December - Earnings Summary

Steven Madden

23/02/2023 14:33

* Steven Madden Ltd  SHOO.OQ  reported quarterly adjusted
earnings
of 42 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue fell 18.6% to $468.15 million from a year ago;
analysts
expected $458.23 million. 
    * Steven Madden Ltd's reported EPS for the quarter was 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Steven Madden Ltd shares had risen by 5.0% this quarter.
    * The company reported quarterly net income of $31.79
million.
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $35.50 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.45           0.42           Missed
 Sep. 30 2022      0.78           0.79           Beat
 Jun. 30 2022      0.60           0.63           Beat
 Mar. 31 2022      0.51           0.92           Beat