Steven Madden, Ltd. First Quarter Earnings Sneak Peek

Steven Madden, Ltd. (NASDAQ:SHOO) will unveil its latest earnings on Thursday, May 3, 2012. Steven Madden designs, sources, markets and retails women’s, men’s and children’s shoes for sale through its wholesale and retail channels.

Steven Madden, Ltd. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 50 cents per share, a rise of 19% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 52 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 50 cents during the last month. Analysts are projecting profit to rise by 18.7% versus last year to $2.67.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting net income of 55 cents per share against a mean estimate of profit of 54 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $249.9 million in revenue this quarter, a rise of 50.8% from the year-ago quarter. Analysts are forecasting total revenue of $1.19 billion for the year, a rise of 22.9% from last year’s revenue of $968.5 million.

Analyst Ratings: Analysts are optimistic about this stock, with five analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 34.9% to $23.8 million (55 cents a share) from $17.6 million (41 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 76.3% to $283.8 million from $161 million.

Key Stats:

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 50.3% over the last four quarters.

After experiencing income increases the last three quarters, the company is hoping to keep the good news coming with this earnings announcement. Net income rose 20.1% in the second quarter of the last fiscal year and 39.3% in the third quarter of the last fiscal year before increasing again in the fourth quarter of the last fiscal year.

Stock Price Performance: Between February 1, 2012 and April 27, 2012, the stock price rose $2.09 (5.1%), from $41.10 to $43.19. The stock price saw one of its best stretches over the last year between January 9, 2012 and January 17, 2012, when shares rose for six straight days, increasing 10.4% (+$3.57) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight straight days, dropping 13.6% (-$4.97) over that span.

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

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