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

Steven Madden

27/07/2022 17:11

* Steven Madden Ltd  SHOO.OQ  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
60 cents per share.
    * Revenue rose 34.9% to $532.68 million from a year ago;
analysts
expected $487.68 million. 
    * Steven Madden Ltd's reported EPS for the quarter was 62
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Steven Madden Ltd shares had risen by 4.0% this
quarter and
lost 27.9% so far this year.
    * The company reported quarterly net income of $48.46
million.
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $52.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 04:10 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.60           0.63           Beat
 Mar. 31 2022      0.51           0.92           Beat
 Dec. 31 2021      0.72           0.81           Beat
 Sep. 30 2021      0.77           0.82           Beat