Recap: Crocs Q3 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Crocs (NASDAQ:CROX) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Crocs beat estimated earnings by 13.36%, reporting an EPS of $2.97 versus an estimate of $2.62.

Revenue was up $359.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58 which was followed by a 6.56% increase in the share price the next day.

Here's a look at Crocs's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 2.66 1.55 2 1.88
EPS Actual 3.24 2.05 2.15 2.47
Revenue Estimate 937.44M 621.88M 585.02M 610.01M
Revenue Actual 964.58M 660.15M 586.63M 625.92M

To track all earnings releases for Crocs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsBZI-Recaps