Deckers Outdoor Rising On Earnings Results (DECK)

Footwear apparel company Deckers Outdoor DECK released its Q4 earnings results after the closing bell on Thursday. The company reported EPS of $2.27 per share compared to analysts' consensus of $1.99. Gross margins came in at 54.2% vs. estimates of 52.1%. Revenues came in at $430.1 million versus consensus revenue estimates of $393.48 million. Looking forward, DECK sees Q1 revenues of $211 million, which is ahead of Street estimates of $184.63 million. For fiscal 2011, DECK sees EPS of $4.87 million compared to current estimates of $4.26. Revenues are expected to be 1.2 billion compared to consensus expectations of $1.12 billion. In the after hours trading session, DECK shares have jumped 5.51% to $94.75, a new 52-week high.