07.05.2024 13:07:32 - dpa-AFX: Crocs Inc. Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Crocs Inc. (CROX) announced a profit for its first
quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $152.45 million, or $2.50 per share. This
compares with $149.54 million, or $2.39 per share, in last year's first quarter.
Excluding items, Crocs Inc. reported adjusted earnings of $184.10 million or
$3.02 per share for the period.
Analysts on average had expected the company to earn $2.23 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 6.2% to $938.63 million from $884.17
million last year.
Crocs Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $152.45 Mln. vs. $149.54 Mln. last year.
-EPS (Q1): $2.50 vs. $2.39 last year.
-Revenue (Q1): $938.63 Mln vs. $884.17 Mln last year.
-Guidance:
Next quarter EPS guidance: $3.40 to $3.55
Full year EPS guidance: $12.25 to $12.73
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