Crocs (CROX) Moves Higher, Sees Q4 Revs at High-End of Guidance
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Price: $131.71 --0%
Financial Fact:
Net income (loss): -1.53M
Today's EPS Names:
NSLR, OCTV, ACB, More
Financial Fact:
Net income (loss): -1.53M
Today's EPS Names:
NSLR, OCTV, ACB, More
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Crocs, Inc. (Nasdaq: CROX) moving higher after hours Tuesday following news the company now estimates fourth-quarter revenue will be at the high end of the prior guidance range of $200 to $205 million. The Street is modeling for $204.5 million on average.
The company also said it expects FY11 sales to top $1 billion. The consensus of analyst estimates currently sits right at $1 billion.
This compares with the Company’s reported revenue of $790 million for the year ended December 31, 2010.
Shares are trading nearly 7 percent better late Tuesday.
The company also said it expects FY11 sales to top $1 billion. The consensus of analyst estimates currently sits right at $1 billion.
This compares with the Company’s reported revenue of $790 million for the year ended December 31, 2010.
Shares are trading nearly 7 percent better late Tuesday.
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