Crocs Q2 Adj EPS $3.59 Beats $2.97 Estimate, Sales $1.07B Beat $1.04B Estimate
Portfolio Pulse from Benzinga Newsdesk
Crocs reported Q2 earnings of $3.59 per share, beating the analyst consensus estimate of $2.97 by 20.88%. This is a 10.8% increase from the same period last year. The company also reported quarterly sales of $1.07 billion, beating the analyst consensus estimate of $1.04 billion by 3.12%. This is an 11.18% increase from the same period last year.
July 27, 2023 | 11:03 am
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Crocs reported better than expected Q2 earnings and sales, indicating a strong financial performance.
Crocs reported a significant beat on both earnings per share and sales for Q2. This indicates a strong financial performance, which is likely to be viewed positively by investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100