Crocs 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:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 1.55 | 2 | 1.88 | 1.52 |
EPS Actual | 2.05 | 2.15 | 2.47 | 2.23 |
Revenue Estimate | 621.88M | 585.02M | 610.01M | 559.11M |
Revenue Actual | 660.15M | 586.63M | 625.92M | 640.77M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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