What's In Store For Crocs Q3 Earnings? Analyst Eyes North America Trends

BofA Securities analyst Christopher Nardone reiterated the Buy rating on Crocs, Inc CROX, with a price objective of $179. The company said it will discuss the results of its third quarter on Tuesday, October 29. Nardone cites an attractive risk/reward for the stock that is pegged at a 10x P/E ratio. The analyst projects third-quarter earnings per share (EPS) of $3.17, slightly exceeding the guidance range of $2.95 to $3.10 and 2% above consensus estimates. This forecast includes a 5.8% growth in Crocs sales ...