Rocky Brands Inc reports results for the quarter ended in December - Earnings Summary

Rocky Brands

29/02/2024 24:14

* Rocky Brands Inc  RCKY.OQ  reported quarterly adjusted
earnings
of 98 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of $1.08.  The mean expectation of three analysts for the
quarter was for earnings of $1.02 per share. Wall Street
expected results to range from 89 cents to $1.09 per share.
    * Revenue fell 8.9% to $125.95 million from a year ago;
analysts
expected $131.60 million. 
    * Rocky Brands Inc's reported EPS for the quarter was 91
cents​.
    * Rocky Brands Inc shares had risen by 1.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the footwear peer
group
is also "hold"

Wall Street's median 12-month price target for Rocky Brands Inc
is $20.50 
This summary was machine generated from LSEG data February 29 at
12:14 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.02           0.98           Missed
 Sep. 30 2023      0.56           1.09           Beat
 Jun. 30 2023      -0.18          0.00           Beat
 Mar. 31 2023      0.05           -0.12          Missed