Crocs Shares Are Soaring
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Crocs shares are up more than 11% after the footwear maker announced earnings and revenue that beat analysts' expectations.
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The Colorado-based firm announced earnings per share of $0.36 per share, $0.05 better than the Capital IQ Consensus Estimate of $0.31, according to Briefing.com.
Revenues climbed 3.6% year-over-year to $376.9 million. Consensus was for $372.76 million.
Crocs came in with Q3 guidance that was in-line with expectations.
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