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Aditya Sarawgi

What You Need to Know Ahead of Deckers Outdoor's Earnings Release

Deckers Deck Deckers Outdoor Hoka

Goleta, California-based Deckers Outdoor Corporation (DECK) is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. With a market cap of $24.7 billion, Deckers' proprietary brands include UGG, HOKA, Teva, Sanuk, and Koolaburra. It is expected to release its Q2 earnings on Thursday, Oct. 24.

Ahead of the event, analysts expect Deckers to report an adjusted profit of $1.21 per share, up 6.1% from $1.14 per share reported in the year-ago quarter. Moreover, the company has surpassed Wall Street’s adjusted EPS projections in each of the past four quarters. Its adjusted EPS of $0.75 for the last reported quarter exceeded the consensus estimates by 25%.

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