Crocs has been on an absolute tear the previous yr, posting file income for a 4th quarter in a row and smashing estimates.
Crocs got here out with quarterly earnings of $2.23 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to earnings of $1.01 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 37.65%. 1 / 4 in the past, it was anticipated that this footwear firm would put up earnings of $0.88 per share when it really produced earnings of $1.49, delivering a shock of 69.32%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates 4 instances.
Crocs, which belongs to the Zacks Textile – Attire business, posted revenues of $640.77 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 14.21%. This compares to year-ago revenues of $331.55 million. The corporate has topped consensus income estimates 4 instances over the past 4 quarters.
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