Deckers Outdoor (DECK) Stock: Why The Price Climbed Above 12% Today

By Amit Chowdhry ● May 20, 2022
  • The stock price of Deckers Outdoor Corp (NYSE: DECK) increased by over 12% pre-market today. This is why.

The stock price of Deckers Outdoor Corp (NYSE: DECK) increased by over 12% pre-market today. Investors are responding positively to the company’s fourth-quarter results.

Deckers Brands reported a Q4 EPS of $2.51, which was $1.20 higher than analyst estimates of $1.31. And the revenue for the quarter was $736 million compared to the consensus estimate of $639.2 million. 

Going forward, Deckers Brands expects 2023 EPS of between $17.40 and $18.25, compared to the consensus of $18.34. And Deckers Brands expects 2023 revenue of between $3.45 billion and $3.5 billion, compared to the consensus of $3.45 billion.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.