Skechers (SKX) Q4 Earnings Lag Estimates

Financial Performance - Skechers reported quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of$0.74 per share, but showing an increase from $0.56 per share a year ago, representing an earnings surprise of -12.16$2.21 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.05%, and up from $1.96 billion year-over-year [2] Earnings Outlook - The current consensus EPS estimate for the coming quarter is$1.52 on revenues of $2.47 billion, and for the current fiscal year, it is$4.79 on revenues of $9.82 billion [7] - The estimate revisions trend for Skechers is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Market Performance - Skechers shares have increased approximately 10.7% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The Shoes and Retail Apparel industry, to which Skechers belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting potential challenges ahead [8]