Wall Street's Insights Into Key Metrics Ahead of Skechers (SKX) Q1 Earnings

Core Insights - Analysts project Skechers (SKX) will announce quarterly earnings of $1.10 per share, reflecting a 7.8% year-over-year increase, with revenues expected to reach $2.19 billion, a 9.3% increase from the same quarter last year [1] - There has been a downward revision of 1.4% in the consensus EPS estimate over the last 30 days, indicating a reconsideration of initial forecasts by covering analysts [1] Revenue Estimates - 'Net Sales- Total Wholesale' is projected to reach $1.34 billion, representing a significant change of +204.1% from the year-ago quarter [2] - 'Net Sales- Total Direct-to-consumer' is estimated at $835.47 million, suggesting an increase of +18.1% year over year [2] - 'Geographic Revenue- Asia Pacific' is expected to be $594.12 million, indicating a change of +13.9% year over year [2] Additional Revenue Insights - 'Geographic Revenue- Europe, Middle East & Africa' is forecasted to reach $541.31 million, with a year-over-year change of +1.3% [3] - 'Geographic Revenue- Americas' is projected at $1.04 billion, reflecting a change of +9.8% from the prior-year quarter [3] - 'Gross Profit- Wholesale' is likely to reach $542.13 million, compared to $512 million in the same quarter last year [3] - 'Gross Profit- Direct-to-consumer' is expected to be $550.27 million, up from $466.60 million a year ago [3] Stock Performance - Over the past month, Skechers shares have recorded returns of -3.3%, compared to the Zacks S&P 500 composite's -4.2% change [3] - Skechers holds a Zacks Rank 3 (Hold), suggesting that its performance is likely to align with the overall market in the upcoming period [3]