Crocs (CROX) Q4 Earnings and Revenues Beat Estimates

Core Viewpoint - Crocs reported quarterly earnings of $2.52 per share, exceeding the Zacks Consensus Estimate of $2.29 per share, but down from $2.58 per share a year ago, indicating a 10.04% earnings surprise [1] - The company achieved revenues of $989.77 million for the quarter, surpassing the Zacks Consensus Estimate by 3.09% and showing an increase from $960.1 million year-over-year [2] Financial Performance - Over the last four quarters, Crocs has consistently surpassed consensus EPS estimates [2] - The company has also topped consensus revenue estimates four times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $2.72, with expected revenues of $925 million, and for the current fiscal year, the EPS estimate is $12.74 on revenues of $4.17 billion [7] Stock Performance and Outlook - Crocs shares have declined approximately 18.9% since the beginning of the year, contrasting with the S&P 500's gain of 2.9% [3] - The estimate revisions trend for Crocs is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] - The outlook for the industry, specifically the Textile - Apparel sector, is currently in the top 23% of Zacks industries, suggesting potential for better performance compared to lower-ranked industries [8]