Deckers Outdoor Corp. (NYSE: DECK) reported third-quarter earnings of $3.33 per share, surpassing analyst expectations of $2.80. The company also posted revenue of $1.96 billion, exceeding consensus estimates. Following the earnings release, Deckers shares experienced a rise in after-hours trading on Thursday.
The better-than-expected financial results highlight Deckers’ solid performance during the quarter. Investors responded positively to the company’s ability to deliver higher earnings and revenue amid market challenges.
**Why this matters**
Beating both earnings and revenue estimates can signal strong operational execution and market demand for Deckers’ products. This performance may influence investor confidence and impact the stock’s future price movement.