Crocs (CROX) Falls On Lackluster Q4 Results and Guidance

February 23, 2012 4:26 PM EST
Crocs, Inc. (NASDAQ: CROX) is under heavy pressure after hours Thursday following fourth quarter results after the close that beat on the bottom-line but missed on the top-line. Guidance was also lackluster.

Crocs reported Q4 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $203.7 million versus the consensus estimate of $205.27 million.

Crocs, Inc. sees Q1 2012 EPS of $0.24-$0.26, versus the consensus of $0.30. Crocs, Inc. sees Q1 2012 revenue of $263-$268 million, versus the consensus of $268 million.

Crocs last traded at $18.26, down 10.6 percent from the close.

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