Crocs (CROX) Reports GAAP Loss Per Share of $1.01

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Go back to Crocs (CROX) Reports GAAP Loss Per Share of $1.01

Crocs (CROX) PT, Estimates Cut at Piper Jaffray

March 1, 2016 6:40 AM EST

Piper Jaffray analyst Erinn Murphy lowered estimates and her price target on Neutral-rated Crocs (NASDAQ: CROX) to $9.00 (from $10.50) as in-line Q4 revenue was weighed down by gross margin.

Murphy commented, "We are lowering our price target and reiterating our Neutral rating on CROX following Q4's profitability miss.... More