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NEW YORK (TheStreet) -- Shares of Iconix Brand Group (ICON) are falling by 9.21% to $7.39 on Tuesday morning, after the brand management company posted its 2015 fourth quarter results.

After yesterday's closing bell, the New York-based company reported adjusted earnings of 25 cents per diluted share, missing analysts' estimates of 27 cents per share.

Revenue declined by 1% to $94.7 million year-over-year, but topped Wall Street's estimates of $93.3 million.

"Despite a challenging year in 2015, I believe our ability to continue to generate significant free cash flow speaks to the overall resilience of our business model and the ongoing strength of a diversified portfolio of global brands," Chairman and Interim CEO Peter Cuneo said in a statement.

For 2016, Iconix expects adjusted earnings per diluted share between $1.15 and $1.30 on revenue of $370 million to $390 million. Previously, the company had projected adjusted earnings per share of $1.35 to $1.50.

Analysts are looking for earnings of $1.40 per share on revenue of $374.1 million for the full year.

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The company's portfolio includes Badgley Mischka, Joe Boxer, London Fog, Strawberry Shortcake, Bongo and Sharper Image.

Separately, TheStreet Ratings Team has a "Sell" rating with a score of D+ on the stock.

This is driven by multiple weaknesses, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.

The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, generally high debt management risk, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: ICON

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