Crocs (NASDAQ:CROX) reported its Q2 earnings results on Thursday, August 4, 2022 at 07:00 AM.

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

Earnings

Crocs beat estimated earnings by 21.8%, reporting an EPS of $3.24 versus an estimate of $2.66.

Revenue was up $323.81 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.5 which was followed by a 7.25% drop in the share price the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Crocs management provided guidance for FY 2022, expecting earnings between $9.5 and $10.3 per share.

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.