Crocs Q3 2024 Adj. EPS $3.60 Beats $3.10 Estimate, Sales $1.062B Beat $1.050B Estimate
Portfolio Pulse from Benzinga Newsdesk
Crocs reported Q3 2024 earnings per share of $3.60, surpassing the analyst estimate of $3.10 by 16.13%. Sales reached $1.062 billion, exceeding the $1.050 billion estimate and marking a 1.53% increase from the previous year.
October 29, 2024 | 11:05 am
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POSITIVE IMPACT
Crocs' Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $3.60 and sales at $1.062 billion. This performance indicates strong financial health and could positively impact stock prices.
Crocs' earnings per share and sales both exceeded analyst estimates, which is typically a positive indicator for stock performance. The significant beat on EPS suggests strong profitability, while the sales beat indicates robust demand. These factors combined are likely to boost investor confidence and drive the stock price up in the short term.
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RELEVANCE 100