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Skechers USA, in the Spotlight Soon

Monday - 4/22/2013, 2:00am  ET

Skechers USA is expected to report Q1 earnings around April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Skechers USA's revenues will expand 23.3% and EPS will turn positive

The average estimate for revenue is $433.2 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
Last quarter, Skechers USA recorded revenue of $395.6 million. GAAP reported sales were 39% higher than the prior-year quarter's $286.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.08. GAAP EPS were $0.08 for Q4 versus -$1.18 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 43.0%, 260 basis points better than the prior-year quarter. Operating margin was 2.2%, much better than the prior-year quarter. Net margin was 1.0%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.82 billion. The average EPS estimate is $1.02.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 495 members out of 523 rating the stock outperform, and 28 members rating it underperform. Among 145 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 136 give Skechers USA a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Skechers USA is outperform, with an average price target of $23.00.

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This article was originally published as Skechers USA, in the Spotlight Soonon Fool.com

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