Crocs Q3 Adj EPS $3.25 Beats $3.10 Estimate, Sales $1.04B Beat $1.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Crocs (NASDAQ:CROX) reported Q3 adjusted earnings of $3.25 per share, beating the analyst consensus estimate of $3.10 by 4.84%. This is a 9.43% increase from the same period last year. The company also reported quarterly sales of $1.04 billion, beating the analyst consensus estimate of $1.03 billion by 1.46%, a 6.08% increase from the same period last year.
November 02, 2023 | 11:06 am
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POSITIVE IMPACT
Crocs reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Crocs reported higher than expected earnings and sales for Q3. This positive financial performance could lead to an increase in the company's stock price as it indicates strong business performance and could attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100