Crocs Q2 2024 Adj. EPS $4.01 Beats $3.56 Estimate, Sales $1.112B Beat $1.102B Estimate
Portfolio Pulse from Benzinga Newsdesk
Crocs (NASDAQ:CROX) reported Q2 2024 adjusted EPS of $4.01, beating the estimate of $3.56. Sales were $1.112 billion, surpassing the $1.102 billion estimate and showing a 3.69% increase from the same period last year.
August 01, 2024 | 11:01 am
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Crocs reported Q2 2024 adjusted EPS of $4.01, beating the estimate of $3.56 by 12.64%. Sales were $1.112 billion, surpassing the $1.102 billion estimate and showing a 3.69% increase from the same period last year.
Crocs' strong earnings and sales performance, beating both EPS and revenue estimates, is likely to positively impact the stock price in the short term. The significant EPS beat and sales growth indicate robust financial health and operational efficiency.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100