Deckers Outdoor Second Quarter Earnings Sneak Peek

Deckers Outdoor Corp (NASDAQ:DECK) will unveil its latest earnings on Thursday, July 26, 2012. Deckers Outdoor Corporation is a designer, producer, marketer, and brand manager of innovative, high-quality footwear and accessories.

Deckers Outdoor Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 60 cents per share, a wider loss from the year-earlier quarter net loss of 19 cents. During the past three months, the average estimate has moved down from a loss of 40 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 60 cents during the last month. For the year, analysts are projecting net income of $4.54 per share, a decline of 10.5% from last year.

Past Earnings Performance: Last quarter, the company missed estimates by 5 cents, coming in at profit of 20 cents per share versus a mean estimate of net income of 25 cents per share. In the fourth quarter of the last fiscal year, the company beat estimates by 5 cents.

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A Look Back: In the first quarter, profit fell 58.9% to $7.9 million (20 cents a share) from $19.2 million (49 cents a share) the year earlier, missing analyst expectations. Revenue rose 20.2% to $246.3 million from $204.9 million.

Stock Price Performance: Between April 25, 2012 and July 20, 2012, the stock price fell $20.94 (-31%), from $67.61 to $46.67. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 19, 2011, when shares rose for seven straight days, increasing 14.2% (+$12.73) over that span. It saw one of its worst periods between June 8, 2012 and June 14, 2012 when shares fell for five straight days, dropping 11.1% (-$6) over that span.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 6.81 last quarter. Having a ratio above 2:1 is usually considered a good indicator of a company’s liquidity and ability to meet creditor demands.

Key Stats:

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 30.6% over the last four quarters.

Wall St. Revenue Expectations: On average, analysts predict $166.8 million in revenue this quarter, a rise of 8.1% from the year-ago quarter. Analysts are forecasting total revenue of $1.56 billion for the year, a rise of 13% from last year’s revenue of $1.38 billion.

Analyst Ratings: There are mostly holds on the stock with seven of 13 analysts surveyed giving that rating.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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