Crocs Hit After Earnings (CROX)

Shares of footwear apparel company Crocs, Inc. CROX have fallen 4.53% during Friday's trading session as investors react to the company's earnings report, which was released yesterday after the close. CROX reported earnings per share of $0.28 compared to analysts' consensus estimates of $0.24. The company also guided higher. Revenues were up 30.1% year over year. Despite a pretty strong report the stock has sold off, likely on profit taking, as CROX has had a nice run in 2010. Year-to-date, the shares have surged 146%.
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