Crocs (CROX) Sinks Following Q4 Results/Guidance
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Price: $122.23 +0.44%
Financial Fact:
Selling, general and administrative expenses: 122.72M
Today's EPS Names:
CHA, EDXC, YAYO, More
Financial Fact:
Selling, general and administrative expenses: 122.72M
Today's EPS Names:
CHA, EDXC, YAYO, More
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Shares of Crocs, Inc. (Nasdaq: CROX) are down 14% in after-hours action Tuesday after reporting Q4 results and reiterating their 2008 guidance.
Crocs reported Q4 EPS of $0.45, 1 cents better than the analyst estimate of $0.44. Revenues for the quarter grew 99% to $224.8 million, versus the consensus of $207.66 million.
Crocs reiterated its previously issued 2008 growth targets and expects revenues of approximately $1.16 billion and net income per diluted share of approximately $2.70. The Wall Street consensus is $1.18 billion and $2.71 respectively.
Crocs reported Q4 EPS of $0.45, 1 cents better than the analyst estimate of $0.44. Revenues for the quarter grew 99% to $224.8 million, versus the consensus of $207.66 million.
Crocs reiterated its previously issued 2008 growth targets and expects revenues of approximately $1.16 billion and net income per diluted share of approximately $2.70. The Wall Street consensus is $1.18 billion and $2.71 respectively.
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