Crocs, Inc. Reports Record Third Quarter Revenues; Raises Full Year 2019 Outlook

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Crocs (CROX) PT Raised to 'Street High' $50 at Susquehanna

October 30, 2019 3:46 PM EDT

Susquehanna analyst Sam Poser raised the price target on Crocs (NASDAQ: CROX) to a 'Street High' $50.00 (from $38.00) while maintaining a Positive rating.

The analyst commented, "Buy CROX. 3Q19's beat and raise, and much better than expected initial FY20 revenue guidance are evidence to... More

Crocs (CROX) Tops Q3 EPS by 17c, Offers Q4 Guidance

October 30, 2019 7:08 AM EDT

Crocs (NASDAQ: CROX) reported Q3 EPS of $0.57, $0.17 better than the analyst estimate of $0.40. Revenue for the quarter came in at $312.8 million versus the consensus estimate of $302.06 million.

GUIDANCE:

Crocs sees Q4 2019 revenue of $245-255 million, versus the consensus of $244... More