Rocky Brands Inc: Big earnings beat pushes shares up

Rocky Brands

01/08/2018 17:16

** Footwear maker's shares  RCKY.O  up as much as 19 pct at
$30.75 - Stock set for its best day in nearly 3 -1/2 years
    ** Co reports Q2 EPS $0.35 vs. analysts' estimate of $0.21
per TR I/B/E/S; also beats on revenue 
    ** RCKY's earnings driven by sales of high-margin Georgia
Boot and Durango footwear
    ** With the day's gains RCKY set to recover all losses from
the last one month  urn:newsml:reuters.com:*:nBwbnzM9ta
    ** Stock still trading 5 pct below its 52-week high of
$31.75 and is up 59 pct YTD 

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; Reuters Messaging:
UdaySampath.Kumar.thomsonreuters.com@reuters.net))