Crocs Inc. Reports Q4 Profit Surge, Beating Estimates

Crocs Inc. delivers a strong Q4 performance, with profit and EPS surpassing expectations. The company saw a year-over-year profit increase and revenue growth, indicating a positive outlook for investors.

Date: 13-02-2025

AI Rating: 7

Earnings Per Share (EPS): Crocs Inc.'s earnings per share for the fourth quarter were $6.36, up from $4.16 the previous year. This significant increase suggests strong earnings performance and positively influences stock price expectations.

Revenue Growth: The company's revenue rose by 3.1%, totaling $989.77 million compared to $960.10 million last year. Though modest, this growth indicates resilience and can attract investor attention.

Net Income: The net income reported is $368.91 million, which reflects a strong increase from $253.59 million the prior year, reinforcing investor confidence.

The adjusted earnings were reported at $146.16 million or $2.52 per share, beating analysts' expectations of $2.26 per share. This is a significant upside and can reflect well on the stock's performance.

Guidance: The company provided earnings guidance for the next quarter at $2.38 to $2.52 per share, spanning a similar range as the current quarter's adjusted earnings. This indicates stability and may lead to positive sentiment among investors.

Stocks: CROX