Recap: Deckers Outdoor Q3 Earnings

Deckers Outdoor DECK reported its Q3 earnings results on Thursday, February 3, 2022 at 04:05 PM.

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

Deckers Outdoor beat estimated earnings by 2.81%, reporting an EPS of $8.42 versus an estimate of $8.19, which did not surprise analysts.

Revenue was up $110.00 million from the same period last year.

Last quarter the company missed on EPS by $0.35, which was followed by a 3.93% increase in the share price the next day.

Here's a look at Deckers Outdoor's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	4.01	-0.14	0.64	7.07
EPS Actual	3.66	1.71	1.18	8.99
Revenue Estimate	765.91M	400.74M	435.21M	963.38M
Revenue Actual	721.90M	504.68M	561.19M	1.08B

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).

Deckers Outdoor management provided guidance for their next quarter, expecting earnings between $14.5 and $15.15 per share for the next quarter.

This represents a 76.07% in quarter-over-quarter growth for Deckers Outdoor, 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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