Crocs, Inc. Reports Second Quarter 2016 Financial Results
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Crocs (CROX) PT Cut to $8 at Piper Jaffray Amid Weak Q2, Outlook
August 3, 2016 11:10 AM EDTPiper Jaffray analyst Erinn Murphy lowered estimates and her price target on Crocs (NASDAQ: CROX) to $8.00 (from $10.00) following weak Q2 results and guidance. The firm maintained a Neutral rating.
Murphy commented, "We remain on the sidelines on CROX following... More
Crocs (CROX) Misses Q2 EPS by 5c; Guidance Falls Short
August 3, 2016 7:31 AM EDTCrocs (NASDAQ: CROX) reported Q2 EPS of $0.13, $0.05 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $323.8 million versus the consensus estimate of $348.46 million.
Gregg Ribatt, Chief Executive Officer, said: Despite a decline in our revenue, I am encouraged... More
