Earnings Outlook For Crocs

Crocs (NASDAQ:CROX) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Crocs to report an earnings per share (EPS) of $3.10.

Investors in Crocs are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

The company's EPS beat by $0.45 in the last quarter, leading to a 5.73% drop in the share price on the following day.

Here's a look at Crocs's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.56

2.23

2.36

3.10

EPS Actual

4.01

3.02

2.58

3.25

Price Change %

-6.0%

-1.0%

-2.0%

1.0%

Market Performance of Crocs's Stock

Shares of Crocs were trading at $133.75 as of October 25. Over the last 52-week period, shares are up 55.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Crocs

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Crocs.

Crocs has received a total of 6 ratings from analysts, ...