JUMP REPORT
Avg Daily Volume: 1,938,292 Market Cap: 4.83B
Sector: Consumer Goods Short Interest: 9.17
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .34/share REV: 1,220/M
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LAST QTR: EPS: .72/share ACTUAL: .71/share (MISS)
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NEXT QTR: EPS: .65/share REV: 1,310/M
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FULL YR: EPS: 2.05/share REV: 5,000/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 62% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -15.98, 18.95, 22.39
POTENTIAL JUMP MOVE: 18-25%
Links To Latest News and Headlines
Certain statements contained herein, including without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the Company or future results or events may constitute forward-looking statements that involve risks and uncertainties, specifically the COVID-19 pandemic has had and is currently having a significant impact on the Company’s business, financial conditions, cash flow and results of operations. Such forward-looking statements with respect to the COVID-19 pandemic, include without limitation, the Company’s plans in response to the pandemic. At this time, there is significant uncertainty about the duration and extent of the impact of the COVID-19 pandemic.
Skechers (SKX) delivered earnings and revenue surprises of 28.57% and 10.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
As of 4:30 p.m. ET, SKX stock was up more than 8% to $48.11.
SKECHERS U.S.A., Inc. (“Skechers” or the “Company”) (NYSE:SKX), a global footwear leader, today announced financial results for the first quarter ended March 31, 2021.
The shoemaker probably will feel the weight of Europe’s ongoing lockdowns when it reports first-quarter results on Thursday, Monness Crespi Hardt argues.
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