Steven Madden 2Q Earnings Pregame Scorecard
Last quarter Steven Madden (NASDAQ:SHOO) met Wall Street estimates, and it is scheduled to report again on Thursday.
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
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)