Steven Madden 2Q Earnings Pregame Scorecard

Markets FOXBusiness

Last quarter Steven Madden (SHOO) met Wall Street estimates, and it is scheduled to report again on Thursday.

Continue Reading Below

Expectations

Analysts currently expect Steven Madden to come in with earnings of 63 cents per share on revenues of $281.7 million. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 66 cents.

Stock Movement

The stock fell $2.63 per share between May 10, 2012 and June 15, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $8.81 (-20.5%), from $42.99 to $34.18.

Company Fundamental Trends

Continue Reading Below

Stock Ratings

Analysts are bullish on the stock as four analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 22.5% to $21.9 million (50 cents a share) from $17.9 million (42 cents a share) the year earlier, meeting analyst expectations. Revenue rose 56.2% to $266 million from $170.3 million.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: 63 cents

Revenue Estimate: $281.7 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)