Quicksilver reported a loss of 29 cents a share for the fiscal fourth quarter, below analysts' estimates of a loss of 11 cents a share. Revenue fell 15.8% year over year to $400.65 million for the quarter, below analysts' estimates of $430.36 million.
Looking to fiscal year 2015 Quicksilver expects revenue of $1.48 billion to $1.55 billion, an increase of 1% to 5% from fiscal 2014. Analysts expect revenue of $1.62 billion for fiscal 2015.
TheStreet Ratings team rates QUIKSILVER INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate QUIKSILVER INC (ZQK) a SELL. This is driven by multiple weaknesses, which we believe 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 we cover. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally high debt management risk and feeble growth in its earnings per share."
You can view the full analysis from the report here: ZQK Ratings Report