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

Steven Madden

09/05/2023 14:32

* Steven Madden Ltd  SHOO.OQ  reported quarterly adjusted
earnings
of 50 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 48 cents per share.
    * Revenue fell 16.8% to $463.83 million from a year ago;
analysts
expected $447.85 million. 
    * Steven Madden Ltd's reported EPS for the quarter was 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Steven Madden Ltd shares had fallen by 9.0% this
quarter and
gained 2.5% so far this year.
    * The company reported quarterly net income of $36.73
million.
    * Wall Street's median 12-month price target for Steven
Madden Ltd
is $40.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.48           0.50           Beat
 Dec. 31 2022      0.45           0.42           Missed
 Sep. 30 2022      0.78           0.79           Beat
 Jun. 30 2022      0.60           0.63           Beat