Skechers USA: Q4 Earnings Insights

Skechers USA SKX reported its Q4 earnings results on Thursday, February 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Skechers USA beat estimated earnings by 30.3%, reporting an EPS of $0.43 versus an estimate of $0.33, which surprised analysts.

Revenue was up $323.00 million from the same period last year.

Last quarter the company missed on EPS by $0.07, which was followed by a 0.61% increase in the share price the next day.

Here's a look at Skechers USA's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.73	0.49	0.46	0.30
EPS Actual	0.66	0.88	0.63	0.24
Revenue Estimate	1.63B	1.48B	1.34B	1.31B
Revenue Actual	1.55B	1.66B	1.43B	1.32B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Skechers USA management provided guidance for their next quarter, expecting earnings between $2.7 and $2.9 per share for the next quarter.

This represents a 551.16% in quarter-over-quarter growth for Skechers USA, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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