Skullcandy (SKUL -5.3%) heads lower in spite of beating Q4 estimates, as the headphone maker's...

|About: Skullcandy (SKUL)|By:, SA News Editor

Skullcandy (SKUL -5.3%) heads lower in spite of beating Q4 estimates, as the headphone maker's in-line 2012 guidance (revenue of $275M-$295M and EPS of $1.10-$1.20 vs. consensus of $284.8M and $1.16) fails to impress. But D.A. Davidson is staying bullish, arguing Skullcandy will solidify its position as a top headphone brand this year.