Earnings Outlook For Crocs
Portfolio Pulse from Benzinga Insights
Crocs (NASDAQ:CROX) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $3.10. The company's past performance shows mixed results, with a notable EPS beat last quarter but a subsequent share price drop. Crocs has an 'Outperform' rating from analysts, with a 24.36% potential upside based on a $166.33 price target. Despite strong net margins and ROE, Crocs faces challenges with a high debt-to-equity ratio.
October 28, 2024 | 3:02 pm
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Crocs is expected to announce its quarterly earnings with an EPS of $3.10. The company has an 'Outperform' rating and a potential 24.36% upside based on analyst price targets. Despite strong profitability metrics, high debt levels could pose challenges.
Crocs is directly impacted by its upcoming earnings release. The expected EPS and analyst ratings suggest a positive outlook, contributing to a potential short-term price increase. However, the high debt-to-equity ratio could temper investor enthusiasm.
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