Crocs Inc expected to post earnings of $2.23 a share - Earnings Preview
03/05/2024 16:20
* Crocs Inc CROX.OQ CROX.O is expected to show a fall in
quarterly revenue when it reports results on May 7 for the
period ending March 31 2024
* The Broomfield Colorado-based company is expected to
report a
0.3% decrease in revenue to $881.712 million from $884.17
million a year ago, according to the mean estimate from 12
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenues)
* LSEG's mean analyst estimate for Crocs Inc is for
earnings of
$2.23 per share. The company's EPS guidance on February 15 2024,
for the period ended March 31, was between $2.15 and $2.25
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.
* Wall Street's median 12-month price target for Crocs Inc
is
$149.50, above its last closing price of $126.70.
The company's guidance on February 15 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD191.598 million and USD195.4898 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 2.37 2.37 2.58 Beat 8.8
Sep. 30 0001 3.09 3.10 3.25 Beat 4.9
Jan. 1 0001 2.97 3.59 Beat 20.8
Jan. 1 0001 2.15 2.15 2.61 Beat 21.2
Jan. 2.25 2.26 2.65 Beat 21.6
1 0001
Jan. 1 0001 2.62 2.97 13.6
Jun. 30 2022 2.66 2.66 3.24 Beat 21.6
Mar. 31 2022 1.56 1.55 2.05 Beat 31.9
This summary was machine generated May 3 at 15:20 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)