Quicksilver (ZQK) Stock Is Gaining Today Despite Earnings Miss

NEW YORK (TheStreet) -- Shares of Quicksilver (ZQK) were gaining 32.7% to $1.96 Friday despite the apparel retailer missing analysts' estimates for earnings and revenue in the fiscal fourth quarter.

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.

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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

ZQK Chart ZQK data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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