Crocs Q4 2023 Adj EPS $2.58 Beats $2.37 Estimate, Sales $960.00M Beat $958.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Crocs Inc. (NASDAQ:CROX) reported Q4 2023 adjusted EPS of $2.58, surpassing the $2.37 estimate, and sales of $960M, slightly above the $958.22M estimate. This represents a 1.57% increase in sales compared to the same period last year.
February 15, 2024 | 12:02 pm
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Crocs Inc. reported a Q4 2023 adjusted EPS of $2.58, beating estimates, and sales of $960M, slightly above expectations. Year-over-year sales increased by 1.57%.
Crocs Inc.'s Q4 2023 earnings and sales beat not only demonstrates the company's ability to exceed analyst expectations but also indicates a positive growth trend compared to the same period last year. This performance is likely to instill investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100