Crocs Inc expected to post earnings of $3.56 a share - Earnings Preview

Crocs

30/07/2024 19:56

* Crocs Inc  CROX.OQ   CROX.O  is expected to show a rise in
quarterly revenue when it reports  results on August 1 for the
period ending January 1 0001
    * The Broomfield Colorado-based  company is expected to
report a
2.8% increase in revenue to $1.102 billion from $1.07 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue between $1.08 billion and
$1.10 billion. (Sales/Revenue Majority Basis is on Total
Revenues)
    * ​LSEG's mean analyst estimate for Crocs Inc is for
earnings of
$3.56 per share. The company's EPS guidance on May 7 2024, for
the period ended June 30, was between $3.40 and $3.55 
    * 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 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Crocs Inc
is
$162.00​, above​ its last closing price of $132.51. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest and Taxes between
USD287.01903 million and USD292.70257 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   2.23        2.23       3.02      Beat    35.5
 Jan. 1 0001               2.37       2.58      Beat    8.8
 Jan. 1 0001   3.09        3.10       3.25      Beat    4.9​
 Jun. 30 2023  2.97        2.97       3.59      Beat    20.8
 ​​Mar.        2.15        2.15       2.61      Beat    21.2
 31 2023                                                
 Jan. 1 0001   2.25        2.26       2.65      Beat    17.3​
 Sep. 30 2022  2.62        2.61       2.97      Beat    13.6
 Jun. 30 2022  2.66        2.66       3.24      Beat    21.6
 This summary was machine generated July 30 at 18:56 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)