Crocs Sees FY24 Adjusted Diluted Earnings Per Share Of $12.82-$12.90 Vs. $12.86 Estimate (Prior View: $12.45-$12.90)
Portfolio Pulse from Benzinga Newsdesk
Crocs has updated its FY24 adjusted diluted earnings per share guidance to a range of $12.82-$12.90, slightly above the previous estimate of $12.45-$12.90 and in line with the consensus estimate of $12.86.
October 29, 2024 | 11:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Crocs has revised its FY24 adjusted diluted EPS guidance to $12.82-$12.90, slightly above the previous lower bound and in line with the consensus estimate of $12.86. This suggests stable financial performance expectations.
The updated EPS guidance is slightly higher than the previous lower bound and matches the consensus estimate, indicating stable financial performance. This is likely to have a positive short-term impact on the stock price as it reassures investors about the company's earnings potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100