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Compared to Estimates, Steven Madden (SHOO) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Steven Madden (SHOO - Free Report) reported revenue of $523.55 million, up 18.2% over the same period last year. EPS came in at $0.57, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of +3.30% over the Zacks Consensus Estimate of $506.82 million. With the consensus EPS estimate being $0.51, the EPS surprise was +11.76%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Steven Madden performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Commission and licensing fee income
: $1.84 million compared to the $2.44 million average estimate based on three analysts. The reported number represents a change of -25.2% year over year.
Total Revenue- Net Sales
: $521.71 million compared to the $499.49 million average estimate based on three analysts. The reported number represents a change of +17.8% year over year.
Revenue- Direct-to-Consumer
: $136.40 million versus the two-analyst average estimate of $138.29 million. The reported number represents a year-over-year change of +6.4%.
Revenue- Total Wholesale
: $385.30 million versus $374.95 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.
Shares of Steven Madden have returned +5.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Steven Madden (SHOO) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Steven Madden (SHOO - Free Report) reported revenue of $523.55 million, up 18.2% over the same period last year. EPS came in at $0.57, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of +3.30% over the Zacks Consensus Estimate of $506.82 million. With the consensus EPS estimate being $0.51, the EPS surprise was +11.76%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Steven Madden performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Steven Madden here>>>Revenue- Commission and licensing fee income
: $1.84 million compared to the $2.44 million average estimate based on three analysts. The reported number represents a change of -25.2% year over year.Total Revenue- Net Sales
: $521.71 million compared to the $499.49 million average estimate based on three analysts. The reported number represents a change of +17.8% year over year.Revenue- Direct-to-Consumer
: $136.40 million versus the two-analyst average estimate of $138.29 million. The reported number represents a year-over-year change of +6.4%.Revenue- Total Wholesale
: $385.30 million versus $374.95 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +22.5% change.Shares of Steven Madden have returned +5.8% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.