On Thursday, April 20th, Skechers (SKX) will release its first quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of A.
In our video David will take a look at the current state of Skechers, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Skechers in Focus
Skechers U.S.A., Inc. designs and markets branded contemporary casual, active, rugged and lifestyle footwear for men, women and children. The company sells its products to department stores such as Nordstrom (NYSE:JWN), Macy's (NYSE:M), Dillards, Robinson's-May and JC Penney and specialty retailers such as Genesco's Journeys and Jarman chains, The Venator Group's Foot Locker (NYSE:FL) and Lady Foot Locker chains, Pacific Sunwear and Footaction U.S.A.
Skechers is expected to report earnings at $0.55 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.04, missing expectations by -$0.07. Their average EPS surprise is -14.84%.
Skechers U.S.A., Inc. (SKX): Free Stock Analysis Report
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