These Analysts Slash Their Forecasts On Deckers Outdoor Following Q1 Results

Benzinga Earnings07-24

Deckers Outdoor Corp (NYSE:DECK) on Thursday reported upbeat first-quarter financial results.

Deckers Outdoor reported quarterly earnings of 94 cents per share, which beat the analyst consensus estimate of 87 cents by 8.05%, according to Benzinga Pro data. Quarterly revenue came in at $1.02 billion, which beat the analyst consensus estimate of $1.018 billion.

"Deckers delivered a solid start to the fiscal year, surpassing $1 billion of first quarter revenue for the first time," said CEO Stefano Caroti.

Deckers Outdoor shares fell 2.4% to $93.91 in pre-market trading.

These analysts made changes to their price targets on Intel following earnings announcement.

Baird analyst Jonathan Komp maintained the stock with a Neutral and lowered the price target from $125 to $115.
Needham analyst Tom Nikic maintained the stock with a Buy and lowered the price target from $138 to $125.

Considering buying DECK stock? Here’s what analysts think:

Photo via Shutterstock

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Quarterly revenue came in at $1.02 billion, which beat the analyst consensus estimate of $1.018 billion.</p>\n<p>\"Deckers delivered a solid start to the fiscal year, surpassing $1 billion of first quarter revenue for the first time,\" said CEO Stefano Caroti.</p>\n<p>Deckers Outdoor shares fell 2.4% to $93.91 in pre-market trading.</p>\n<p>These analysts made changes to their price targets on Intel following earnings announcement.</p>\n<ul>\n<li>Baird analyst Jonathan Komp maintained the stock with a Neutral and lowered the price target from $125 to $115.</li>\n<li>Needham analyst Tom Nikic maintained the stock with a Buy and lowered the price target from $138 to $125.</li>\n</ul>\n<p><strong>Considering buying DECK stock? 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Quarterly revenue came in at $1.02 billion, which beat the analyst consensus estimate of $1.018 billion.\n\"Deckers delivered a solid start to the fiscal year, surpassing $1 billion of first quarter revenue for the first time,\" said CEO Stefano Caroti.\nDeckers Outdoor shares fell 2.4% to $93.91 in pre-market trading.\nThese analysts made changes to their price targets on Intel following earnings announcement.\n\nBaird analyst Jonathan Komp maintained the stock with a Neutral and lowered the price target from $125 to $115.\nNeedham analyst Tom Nikic maintained the stock with a Buy and lowered the price target from $138 to $125.\n\nConsidering buying DECK stock? 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