Crocs Shares Are Soaring
Advertisement
Crocs shares are up more than 11% after the footwear maker announced earnings and revenue that beat analysts' expectations.
Advertisement
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.
Advertisement
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Stay healthy and hydrated: 10 immunity-boosting fruit-based lemonades
- Here’s what you can do to recover after eating oily food