Is WWW's Q3 2024 EPS trend sustainable?

**Wolverine World Wide's (WWW) Q3 2024 EPS trend appears to be sustainable** based on several key financial indicators and market outlooks:

1. **Financial Performance in Q3 2024**: WWW reported a net income of $51.5 million and a total revenue of $1.76 billion for Q4 2024, with a diluted EPS of $0.58. This represents a significant improvement from the previous quarter's net loss of $39.2 million and a revenue of $2.24 billion, indicating a strong recovery and positive financial performance.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1|-78.125|8400000|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2|180.4054054054054|1.245E8|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3|4950|3.88E7|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q4|-2305.3333333333335|-3.608E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1|114.28571428571428|1.8E7|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2|-80.40160642570281|2.44E7|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3|-76.80412371134021|9000000|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q4|74.88913525498891|-9.06E7|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|-176.11111111111111|-1.37E7|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|-36.0655737704918|1.56E7|169|

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1|20.383786959075778|6.148E8|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2|12.9292609590125|7.136E8|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3|8.591173237003298|6.914E8|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q4|4.6255506607929515|6.65E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1|-2.504879635653871|5.994E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2|-17.446748878923767|5.891E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3|-23.67659820653746|5.277E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q4|-20.79699248120301|5.267E8|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|-34.11745078411745|3.949E8|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|-27.822101510779156|4.252E8|169|

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1|-73.33333333333334|0.12|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2|188.67924528301884|1.53|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3||0.48|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1|91.66666666666669|0.23|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2|-80.3921568627451|0.3|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3|-77.08333333333334|0.11|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|-182.60869565217394|-0.19|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|-43.33333333333333|0.17|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q3|154.5454545454546|0.28|169|

2. **Growth Rates**: The net income growth rate for Q4 2024 is 2.31%, although the revenue has slightly decreased by 0.22%. The diluted EPS growth rate is positive at 2.14%, suggesting that the company is moving towards profitability.

|code|Ticker|Name|Date|Net Income YoY|Net Income QoQ|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1|-78.125||169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2|180.4054054054054||169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3|4950||169|
|WWW|WWW.N|Wolverine World Wide|2022 Q4|-2305.3333333333335||169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1|114.28571428571428||169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2|-80.40160642570281||169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3|-76.80412371134021||169|
|WWW|WWW.N|Wolverine World Wide|2023 Q4|74.88913525498891||169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|-176.11111111111111|84.87858719646799|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|-36.0655737704918|213.86861313868613|169|

|code|Ticker|Name|Date|Total Revenue QoQ|Total Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1||20.383786959075778|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2||12.9292609590125|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3||8.591173237003298|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q4||4.6255506607929515|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1||-2.504879635653871|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2||-17.446748878923767|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3||-23.67659820653746|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q4||-20.79699248120301|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|-25.02373267514714|-34.11745078411745|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|7.672828564193466|-27.822101510779156|169|

|code|Ticker|Name|Date|Diluted EPS QoQ|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1||-73.33333333333334|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2||188.67924528301884|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1||91.66666666666669|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2||-80.3921568627451|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3||-77.08333333333334|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1||-182.60869565217394|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|189.4736842105263|-43.33333333333333|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q3|64.70588235294117|154.5454545454546|169|

3. **Cash Flow**: WWW's operating cash flow for Q4 2024 is $180.1 million, financing cash flow is -$299.2 million, and investing cash flow is $86.8 million. The free cash flow is $159.9 million, indicating a healthy cash flow position that can support the company's financial stability and growth.

|code|Ticker|Name|Date|Free Cash Flow|Investing Cash Flow|Operating Cash Flow|Financing Cash Flow|market_code|
|---|---|---|---|---|---|---|---|---|
|WWW|WWW.N|Wolverine World Wide|2022 Q1|4.5439E8|-3800000|-9.25E7|8.6E7|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q2|5.13266668E8|8.25E7|-1.554E8|7.71E7|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q3|1.286547701E8|-1.05E7|-2.423E8|2.394E8|169|
|WWW|WWW.N|Wolverine World Wide|2022 Q4|-1.665324656E8|-1.36E7|3.113E8|-2.954E8|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q1|-2.69505478E7|7.45E7|-9.78E7|8700000|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q2|6.72419202E7|-7500000|1.437E8|-7.45E7|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q3|6.9976166E7|4.92E7|-3.89E7|-2.57E7|169|
|WWW|WWW.N|Wolverine World Wide|2023 Q4|-851540.7|5.54E7|1.148E8|-1.548E8|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q1|7.08965034E7|8.54E7|-3.72E7|-6.69E7|169|
|WWW|WWW.N|Wolverine World Wide|2024 Q2|9.38729864E7|4500000|2.67E7|-5.07E7|169|

4. **Market Outlook**: The market outlook for WWW is positive, with an expected FY revenue of $1,795 to $1,825 million and an EPS of $0.95 to $1.1. This suggests that the company's financial performance is expected to continue improving.
5. **Analyst Confidence**: The company's non-GAAP EPS has beaten analyst estimates in recent quarters, and the outlook for FY 2025 includes an expected growth range of approximately 2.5% to 4.3%, indicating analyst confidence in WWW's continued financial improvement.

In conclusion, WWW's Q3 2024 EPS trend appears to be sustainable based on the company's financial performance, growth rates, cash flow position, and positive market outlook.