Why Crocs (CROX) Stock Is Up 12% in Pre-Open

Go back to Why Crocs (CROX) Stock Is Up 12% in Pre-Open

Crocs (CROX) PT Raised to $157 at Stifel

October 21, 2021 4:52 PM EDT

Stifel 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

Crocs (CROX) Tops Q3 EPS by 62c

October 21, 2021 7:03 AM EDT

Crocs (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