For third-quarter 2011,Ugg australia Deckers projects revenue growth of 38% and earnings growth of 22%, whereas the company forecasts revenue growth of 22% and earnings growth of 36% for the fourth quarter of 2011.The current Zacks Consensus Estimate for third-quarter 2011 is $1.52 per share. Following the company’s recent improved guidance, we believe that growth of UGG and Teva brands will lead to the increase in sales. Deckers anticipate its UGG brand sales to increase approximately 25% and Teva brand sales to increase in the low 20% range in 2011.
Moreover, the company’s growth Ugg australia opportunities in key geographic regions, including retail store openings, and acquiring the innovative Sanuk brand will strengthen the focus on product innovation and terrain expansion facilitated the company to achieve robust growth.VeriSign, Inc. (Nasdaq: VRSN) reported a net loss of $10.6 million or $0.06 per diluted share compared to a net income of $35.2 million or $0.19 per share in the year-ago quarter.
Ugg australia Excluding one-time items but including stock-based compensation expense, net income came in at $0.32 per share, beating the Zacks Consensus Estimate of $0.30.VeriSign reported revenue of $190 million in the second quarter of 2011, up 5% sequentially and up 13% from the year-ago quarter.In 2010, VeriSign sold the Authentication Services business to Symantec (Nasdaq: SYMC) and closed down the operations of non-core Content Portal Services (CPS).