Crocs earnings beat estimates, stock falls on Q3 guidance

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Crocs Notícia

Operating Margin,Outlook,Earnings Estimates

Shares of Crocs (CROX) are falling in early trading on Thursday. The footwear company reported second quarter earnings that topped Street estimates. Crocs...

) are falling in early trading on Thursday. The footwear company reported second quarter earnings that topped Street estimates. Crocs raised its full-year earnings guidance but its Q3 adjusted operating margin outlook was a disappointment.So 1st 3rd quarter adjusted operating margin that came in below estimates, sending shares lower here today, you can see, though at least revenue coming in, essentially in line with expectations.

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