Crocs, Inc. Reports Record Third Quarter Revenues
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Crocs (CROX) PT Raised to $157 at Stifel
October 21, 2021 4:52 PM EDTStifel analyst Jim Duffy raised the price target on Crocs (NASDAQ: CROX) to $157.00 (from $151.00) while maintaining a Hold rating following earnings.
The analyst commented, "Another quarter of impressive performance was led by gross margin upside (+590bps vs. our estimate). The FY22 outlook for 20%+... More
Why Crocs (CROX) Stock Is Up 12% in Pre-Open
October 21, 2021 8:24 AM EDTCrocs (NASDAQ: CROX) stock is up by over 12% in pre-open Thursday after the company reported better-than-expected Q3 earnings.
The company reported Q3 EPS of $2.47 to smash the analyst estimate of $1.85. Revenue for the quarter came in at $626 million versus the consensus estimate of $608.04 million.
"Our third... More
Crocs (CROX) Tops Q3 EPS by 62c
October 21, 2021 7:03 AM EDTCrocs (NASDAQ: CROX) reported Q3 EPS of $2.47, $0.62 better than the analyst estimate of $1.85. Revenue for the quarter came in at $626 million versus the consensus estimate of $608.04 million.
Financial Outlook:
Full Year 2021
With respect to 2021, we expect:
Revenue growth to... More