Deckers Outdoor Corp Bottom Line Retreats In Q3, but beats estimates

(RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for third quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $232.94 million, or $8.42 per share. This compares with $255.54 million, or $8.99 per share, in last year's third quarter.

Analysts on average had expected the company to earn $8.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.2% to $1.19 billion from $1.08 billion last year.

Deckers Outdoor Corp earnings at a glance (GAAP) :

-Earnings (Q3): $232.94 Mln. vs. $255.54 Mln. last year. -EPS (Q3): $8.42 vs. $8.99 last year. -Analyst Estimates: $8.19 -Revenue (Q3): $1.19 Bln vs. $1.08 Bln last year.

-Guidance: Full year EPS guidance: $14.50 - $15.15 Full year revenue guidance: $3.03 - $3.06 Bln