Skechers (SKX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks04-26

Skechers (SKX) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $1.33 for the same period compares to $1.02 a year ago. The ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2430795262?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/eeFsK50..hTdRBoBNDEyoA--~B/aD03MTE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2f7ed3d1940141716bfd200f5c94c6b","is_english":true,"pubTime":"2024-04-26 07:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2430795262","market":"us","top_or_hot":-1,"title":"Skechers (SKX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates","media":"Zacks","content":"<div>\n<p>Skechers (SKX) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $1.33 for the same period compares to $1.02 a year ago.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/skechers-skx-q1-earnings-key-233014716.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Skechers (SKX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSkechers (SKX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 07:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/skechers-skx-q1-earnings-key-233014716.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Skechers (SKX) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $1.33 for the same period compares to $1.02 a year ago.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/skechers-skx-q1-earnings-key-233014716.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKX","symbol_name":"斯凯奇","start_time":0,"source_url":"https://finance.yahoo.com/news/skechers-skx-q1-earnings-key-233014716.html","article_id":"2430795262","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/eeFsK50..hTdRBoBNDEyoA--~B/aD03MTE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d2f7ed3d1940141716bfd200f5c94c6b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430795262","pubTimestamp":1714087814,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Skechers  reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $1.33 for the same period compares to $1.02 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.19 billion, representing a surprise of +2.98%. The company delivered an EPS surprise of +20.91%, with the consensus EPS estimate being $1.10.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Geographic Revenue- Asia Pacific: $604.50 million compared to the $594.12 million average estimate based on three analysts. The reported num","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SKX":"斯凯奇"},"translate_title":"斯凯奇（SKX）第一季度收益：关键指标与华尔街预期相比如何","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKX":1},"content_text":"Skechers (SKX) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.5%. EPS of $1.33 for the same period compares to $1.02 a year ago.\nThe reported revenue compares to the Zacks Consensus Estimate of $2.19 billion, representing a surprise of +2.98%. The company delivered an EPS surprise of +20.91%, with the consensus EPS estimate being $1.10.\nWhile investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.\nSince these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.\nHere is how Skechers performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: \n\nGeographic Revenue- Asia Pacific: $604.50 million compared to the $594.12 million average estimate based on three analysts. The reported number represents a change of +15.9% year over year.\nGeographic Revenue- Europe, Middle East & Africa: $627.60 million versus $541.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.4% change.\nGeographic Revenue- Americas: $1.02 billion versus the three-analyst average estimate of $1.04 billion. The reported number represents a year-over-year change of +7.8%.\nNet Sales- Total Wholesale: $1.42 billion versus $1.34 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +221.7% change.\nNet Sales- Total Direct-to-consumer: $829.90 million versus the four-analyst average estimate of $835.47 million. The reported number represents a year-over-year change of +17.3%.\nNet Sales- International Wholesale: $945.70 million versus the three-analyst average estimate of $879.32 million.\nNet Sales- Domestic Direct-to-consumer: $322.80 million compared to the $342.51 million average estimate based on three analysts.\nNet Sales- International Direct-to-consumer: $507.10 million versus $488.51 million estimated by three analysts on average.\nNet Sales- Domestic Wholesale: $476 million versus the three-analyst average estimate of $463.78 million.\nGross Profit- Wholesale: $636 million versus $542.13 million estimated by two analysts on average.\nGross Profit- Direct-to-consumer: $545.60 million compared to the $550.27 million average estimate based on two analysts.\n View all Key Company Metrics for Skechers here>>>\n\nShares of Skechers have returned -2.8% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.\n\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSkechers U.S.A., Inc. (SKX) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430795262"}