Crox Sees Q1 Adj. EPS $2.15-$2.25 vs $2.24 Est., FY24 Adj. EPS $12.05-$12.50 vs $11.87 Est.
Portfolio Pulse from Benzinga Newsdesk
Crox forecasts its Q1 adjusted EPS to be between $2.15 and $2.25, slightly below the estimated $2.24. For FY24, the company projects its adjusted EPS to range from $12.05 to $12.50, surpassing the estimated $11.87.
February 15, 2024 | 12:09 pm
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NEUTRAL IMPACT
Crox anticipates a Q1 adjusted EPS below estimates but expects a higher FY24 adjusted EPS than previously estimated.
The slight miss in Q1 EPS forecast could temporarily dampen investor sentiment, but the higher FY24 EPS projection indicates strong future performance, potentially balancing short-term impacts.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100