Stepping Up: Skechers' Strong Q2 Boosts Investor Confidence - News Summed Up

Stepping Up: Skechers' Strong Q2 Boosts Investor Confidence


Key Points Skechers' stock was in a buy range after clearing a flat base buy point at $54.77. In the case of Skechers, that price would be $54.68, where it was trading five minutes after the open on July 28. MarketBeat’s Skechers earnings data show the company trouncing top and bottom line views. For 2023, Skechers expects earnings between $3.25 to $3.40 a share, with revenue ranging from $7.95 billion to $8.1 billion. While Skechers U.S.A. currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.


Source: Forbes July 31, 2023 17:30 UTC



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