Analysts were expecting Skechers USA Inc. (SKX) [Chart - News - Analysis] to report earnings of $0.35 for last quarter, but SKX beat expectations with actual earnings of $0.52---17 cents above the consensus estimate.

If you compare last quarter's earnings to the $0.60 the company made per share during the same quarter a year ago, you can see that SKX’s earnings are down this year.

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Also, if you compare SKX's 15.00% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 12.66% for the Textile - Apparel Footwear & Accessories industry as a whole during that same time frame, you can see that analysts expect SKX to outperform the industry in the future---which is a good sign for the stock.

Drilling down a little deeper into the Textile - Apparel Footwear & Accessories industry, you can see how analysts believe SKX will stack up against some of the other stocks in the industry, like Nike Inc. (NKE) [Chart - News - Analysis] and Coach Inc. (COH) [Chart - News - Analysis], in the future. Analysts believe NKE's earnings are going to grow at a rate of 11.56% while COH's earnings are going to grow at a rate of 14.29%.

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

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