Deckers Outdoor Corp Reveals Increase In Q3 Profit, Beats estimates

(RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $278.66 million, or $10.48 per share. This compares with $232.94 million, or $8.42 per share, in last year's third quarter.

Analysts on average had expected the company to earn $9.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.6% to $1.34 billion from $1.19 billion last year.

Deckers Outdoor Corp earnings at a glance (GAAP) :

-Earnings (Q3): $278.66 Mln. vs. $232.94 Mln. last year. -EPS (Q3): $10.48 vs. $8.42 last year. -Analyst Estimate: $9.61 -Revenue (Q3): $1.34 Bln vs. $1.19 Bln last year.

-Guidance: Full year EPS guidance: $18.00 to $18.50 Full year revenue guidance: $3.50 to $3.53 Bln