Quiksilver Earnings: What Investors Should Watch
Quiksilver (NYSE:ZQK) will report earnings after markets close on Thursday, June 6th. Quiksilver, Inc. designs, produces, and distributes branded apparel, winter sports and golf equipment, footwear, accessories, and related products.
Here is your Cheat Sheet to Quiksilver Earnings:
Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $505.36 million.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.1 to a profit $0.11. For the current year, the average estimate is a profit of $0.13, which is worse than the estimate ninety days ago.
Here’s how Quiksilver has been performing on an annual basis:
|Revenue ($) in millions||2,265||1,978||1,838||1,953||2,013|
|Diluted EPS ($)||-1.75||-1.51||-0.07||-0.13||-0.07|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||492.21||512.44||558.97||431.02|
|Diluted EPS ($)||-0.03||0.07||0.02||-0.19|
Quiksilver has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)