CROX - Crocs Stock Jumps 12% On Q4 Earnings Revenue Beat | Benzinga
Crocs, Inc. (NASDAQ:CROX) shares are trading higher Thursday after the company reported better-than-expected fourth-quarter financial results before the market open. Here’s a look at the details:
The Details:
Crocs reported quarterly earnings of $2.58 per share which beat the analyst consensus estimate of $2.37 by 8.86%. The company reported quarterly sales of $960 million, beating the analyst consensus estimate of $958.22 million by 0.19% and representing a 1.57% increase over sales of $945.16 million from the same period last year.
“We delivered a record year for Crocs Inc. capped off by a strong fourth quarter that exceeded expectations across all metrics. Revenues of nearly $4 ...