Steven Madden(US:SHOO) ZACKS·2024-11-06 15:20Core Insights - Wall Street analysts forecast Steven Madden (SHOO) will report quarterly earnings of $0.89 per share, reflecting a year-over-year increase of 1.1% [1] - Anticipated revenues are projected to be $606.83 million, indicating a 9.8% increase compared to the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [2] - Revisions to earnings estimates are crucial for predicting investor actions, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections - Total Revenue - Net Sales is expected to be $604.86 million, reflecting a 10% year-over-year change [5] - Total Revenue - Wholesale Accessories/Apparel is projected to reach $171.08 million, suggesting a significant increase of 34.3% year over year [5] - Revenue - Total Wholesale is estimated at $485.33 million, indicating a 12% year-over-year change [6] - Revenue - Direct-to-Consumer is forecasted at $126.15 million, reflecting an 8.4% increase year over year [6] - Total Revenue - Wholesale Footwear is expected to be $314.25 million, suggesting a 2.7% year-over-year change [6] Operational Income Estimates - Income from operations - Wholesale Accessories/Apparel is expected to be $26.22 million, up from $24.16 million in the same quarter last year [7] - The consensus estimate for Income from operations - Wholesale Footwear stands at $65.36 million, compared to $68.29 million in the previous year [7] Stock Performance - Shares of Steven Madden have shown a return of -3.6% over the past month, while the Zacks S&P 500 composite has increased by 0.7% [7] - Steven Madden holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [7]