Crocs: Q4 Earnings Snapshot
By AP News
Published - Feb 16, 2023, 07:33 AM ET
Last Updated - Jun 22, 2023, 09:18 PM EDT
BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Crocs Inc. (CROX) on Thursday reported fourth-quarter profit of $137.7 million.
The Broomfield, Colorado-based company said it had profit of $2.20 per share. Earnings, adjusted for non-recurring costs and pretax expenses, were $2.65 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.
The footwear company posted revenue of $945.2 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $937.9 million.
