Earnings Outlook For Crocs
Portfolio Pulse from Benzinga Insights
Crocs (NASDAQ:CROX) is anticipated to report a quarterly EPS of $2.36 on February 15, 2024. Analysts and investors are keen on whether Crocs will surpass this estimate and provide positive guidance for the next quarter. Historical data shows Crocs has a mixed track record of beating EPS estimates, with share price reactions varying accordingly. Currently, Crocs shares are trading at $106.94, marking an 18.49% decline over the last 52 weeks, indicating potential investor concern ahead of the earnings report.
February 14, 2024 | 5:01 pm
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NEUTRAL IMPACT
Crocs is expected to announce its quarterly earnings with an anticipated EPS of $2.36. Investors are looking for an earnings beat and positive future guidance. The stock has seen an 18.49% decline over the past year, indicating potential volatility around the earnings announcement.
Given Crocs' history of mixed earnings performance and the current stock price decline, the upcoming earnings report could either alleviate investor concerns with a strong performance and positive guidance or exacerbate them with a miss. The anticipation of this report and its potential implications for future growth make it highly relevant and important to CROX investors. However, the mixed historical reaction to past earnings results introduces uncertainty, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100