Zacks Research adjusted its earnings per share (EPS) forecast for Deckers Outdoor's third quarter of fiscal year 2027, lowering the estimate from $3.23 to $3.12. The firm also provided a new estimate for the fourth quarter of 2027, projecting an EPS of $1.07. Despite the downward revision for the future quarter, Zacks maintained a "Strong-Buy" rating on the company's stock. This adjustment follows Deckers' recent second-quarter earnings report on October 23rd, where the company surpassed analyst expectations for both earnings and revenue. The consensus estimate for Deckers' current full-year earnings remains at $5.89 per share. Other research firms have recently commented on the stock, with Telsey Advisory Group and Jefferies Financial Group also adjusting their price objectives in late October.
Zacks Research Lowers Future Earnings Estimates for Deckers Outdoor
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