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Skullcandy (NASDAQ:SKUL) will be posting its Q214 quarterly earnings results on Thursday, July 31st. Analysts expect Skullcandy to post earnings of $0.01 per share and revenue of $53.91 million for the quarter. Skullcandy has set its Q2 guidance at approx breakeven EPS and its FY14 guidance at $0.16-0.20 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Skullcandy (NASDAQ:SKUL) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.17) by $0.05. The company had revenue of $39.10 million for the quarter, compared to the consensus estimate of $39.23 million. During the same quarter in the prior year, the company posted ($0.23) earnings per share. The company’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts expect Skullcandy to post $0.19 EPS for the current fiscal year and $0.29 EPS for the next fiscal year.

Shares of Skullcandy (NASDAQ:SKUL) traded down 1.12% during mid-day trading on Wednesday, hitting $7.08. The stock had a trading volume of 14,111 shares. Skullcandy has a 1-year low of $4.90 and a 1-year high of $11.40. The stock’s 50-day moving average is $7.44 and its 200-day moving average is $7.91. The company has a market cap of $198.3 million and a P/E ratio of 376.84.

A number of research firms have recently commented on SKUL. Analysts at Piper Jaffray upgraded shares of Skullcandy from an “underweight” rating to a “neutral” rating in a research note on Wednesday, June 11th. They now have a $7.50 price target on the stock. Analysts at CRT Capital initiated coverage on shares of Skullcandy in a research note on Wednesday, May 14th. They set a “fair value” rating and a $8.00 price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $8.50.

Skullcandy, Inc is a designer, marketer and distributor of performance audio and gaming headphones and other accessory related products under the Skullcandy, Astro Gaming and 2XL by Skullcandy brands.

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