Skechers Q3 Earnings, Sales Increase; 2024 Outlook Updated -- Shares Rise After Hours

MT Newswires Live

Oct 25, 2024

Skechers U.S.A (SKX) reported Q3 earnings late Thursday of $1.26 per diluted share, up from $0.93 a year earlier.

Analysts polled by Capital IQ expected $1.15.

Sales for the quarter ended Sept. 30 rose to $2.35 billion from $2.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.31 billion.

For Q4, the company expects EPS of $0.70 to $0.75 on sales of $2.17 billion to $2.22 billion.

The consensus is for $0.75 and $2.22 billion, respectively.

For 2024, Skechers now projects EPS at $4.20 to $4.25 on sales of $8.93 billion to $8.98 billion. In July, the company expected EPS of $4.08 to $4.18 on sales of $8.88 billion to $8.98 billion.

Analysts are looking for $4.15 and $8.93 billion, respectively.

The company's shares were up 7.1% in after-hours activity.

Price: 66.00, Change: +4.37, Percent Change: +7.09

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2478919246"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2478919246\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2478919246?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-25 05:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2478919246","market":"fut","top_or_hot":-1,"title":"Skechers Q3 Earnings, Sales Increase; 2024 Outlook Updated -- Shares Rise After Hours","media":"MT Newswires Live","content":"<html><body><p> Skechers U.S.A (SKX) reported Q3 earnings late Thursday of $1.26 per diluted share, up from $0.93 a year earlier.</p><p>Analysts polled by Capital IQ expected $1.15.</p><p>Sales for the quarter ended Sept. 30 rose to $2.35 billion from $2.03 billion a year earlier.</p><p>Analysts surveyed by Capital IQ expected $2.31 billion.</p><p>For Q4, the company expects EPS of $0.70 to $0.75 on sales of $2.17 billion to $2.22 billion.</p><p>The consensus is for $0.75 and $2.22 billion, respectively.</p><p>For 2024, Skechers now projects EPS at $4.20 to $4.25 on sales of $8.93 billion to $8.98 billion. In July, the company expected EPS of $4.08 to $4.18 on sales of $8.88 billion to $8.98 billion.</p><p>Analysts are looking for $4.15 and $8.93 billion, respectively.</p><p>The company's shares were up 7.1% in after-hours activity.</p><p>Price: 66.00, Change: +4.37, Percent Change: +7.09</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Skechers Q3 Earnings, Sales Increase; 2024 Outlook Updated -- Shares Rise After Hours</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSkechers Q3 Earnings, Sales Increase; 2024 Outlook Updated -- Shares Rise After Hours\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-10-25 05:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Skechers U.S.A (SKX) reported Q3 earnings late Thursday of $1.26 per diluted share, up from $0.93 a year earlier.</p><p>Analysts polled by Capital IQ expected $1.15.</p><p>Sales for the quarter ended Sept. 30 rose to $2.35 billion from $2.03 billion a year earlier.</p><p>Analysts surveyed by Capital IQ expected $2.31 billion.</p><p>For Q4, the company expects EPS of $0.70 to $0.75 on sales of $2.17 billion to $2.22 billion.</p><p>The consensus is for $0.75 and $2.22 billion, respectively.</p><p>For 2024, Skechers now projects EPS at $4.20 to $4.25 on sales of $8.93 billion to $8.98 billion. In July, the company expected EPS of $4.08 to $4.18 on sales of $8.88 billion to $8.98 billion.</p><p>Analysts are looking for $4.15 and $8.93 billion, respectively.</p><p>The company's shares were up 7.1% in after-hours activity.</p><p>Price: 66.00, Change: +4.37, Percent Change: +7.09</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKX","symbol_name":"斯凯奇","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2478919246","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478919246","pubTimestamp":1729804932,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Skechers U.S.A  reported Q3 earnings late Thursday of $1.26 per diluted share, up from $0.93 a year earlier.Analysts polled by Capital IQ expected $1.15.Sales for the quarter ended Sept. 30 rose to $2.35 billion from $2.03 billion a year earlier.Analysts surveyed by Capital IQ expected $2.31 billion.For Q4, the company expects EPS of $0.70 to $0.75 on sales of $2.17 billion to $2.22 billion.The consensus is for $0.75 and $2.22 billion, respectively.For 2024, Skechers now projects EPS at $4.20 to $4.25 on sales of $8.93 billion to $8.98 billion. In July, the company expected EPS of $4.08 to $4.18 on sales of $8.88 billion to $8.98 billion.Analysts are looking for $4.15 and $8.93 billion, respectively.The company's shares were up 7.1% in after-hours activity.Price: 66.00, Change: +4.37, Percent Change: +7.09","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SKX":"斯凯奇"},"translate_title":"斯凯奇第三季度盈利、销售额增长；2024年展望更新——盘后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKX":0.9},"content_text":"Skechers U.S.A (SKX) reported Q3 earnings late Thursday of $1.26 per diluted share, up from $0.93 a year earlier.Analysts polled by Capital IQ expected $1.15.Sales for the quarter ended Sept. 30 rose to $2.35 billion from $2.03 billion a year earlier.Analysts surveyed by Capital IQ expected $2.31 billion.For Q4, the company expects EPS of $0.70 to $0.75 on sales of $2.17 billion to $2.22 billion.The consensus is for $0.75 and $2.22 billion, respectively.For 2024, Skechers now projects EPS at $4.20 to $4.25 on sales of $8.93 billion to $8.98 billion. In July, the company expected EPS of $4.08 to $4.18 on sales of $8.88 billion to $8.98 billion.Analysts are looking for $4.15 and $8.93 billion, respectively.The company's shares were up 7.1% in after-hours activity.Price: 66.00, Change: +4.37, Percent Change: +7.09","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}