Skechers U.S.A., Inc. Just Beat EPS By 9.1%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Skechers U.S.A., Inc. (NYSE:SKX) filed its quarterly result this time last week. The early response was not positive, with shares down 6.2% to US$59.21 in the past week. The result was positive overall - although revenues of US$2.3b were in line with what the analysts predicted, Skechers U.S.A surprised by delivering a statutory profit of US$1.26 per share, modestly greater than expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Skechers U.S.A after the latest results.

View our latest analysis for Skechers U.S.A

After the latest results, the twelve analysts covering Skechers U.S.A are now predicting revenues of US$9.91b in 2025. If met, this would reflect a notable 14% improvement in revenue compared to the last 12 months. Per-share earnings are expected to swell 20% to US$4.94. Before this earnings report, the analysts had been forecasting revenues of US$9.87b and earnings per share (EPS) of US$5.03 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of US$82.05, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Skechers U.S.A, with the most bullish analyst valuing it at US$100.00 and the most bearish at US$72.00 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Skechers U.S.A shareholders.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 11% growth on an annualised basis. That is in line with its 13% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.0% annually. So although Skechers U.S.A is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Skechers U.S.A. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Skechers U.S.A going out to 2026, and you can see them free on our platform here..

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.