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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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CROCS INC. DL-,001 A0HM52 Frankfurt 120,300 18.07.24 16:45:22 -3,680 -2,97% 0,000 0,000 121,220 123,980

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