Crocs 2Q Earnings Pregame Scorecard

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Crocs (NASDAQ:CROX) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Wednesday, July 25, 2012.

Expectations

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Analysts currently expect Crocs to come in with earnings of 63 cents per share on revenues of $339.5 million. Analyst estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 65 cents.

Stock Movement

The stock fell $2.69 per share between July 5, 2012 and July 10, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $7.41 (-33.2%), from $22.33 to $14.92.

Company Fundamental Trends With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 22.7% over the last four quarters. The company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 20.8% in the third quarter of the last fiscal year and 17.8% in the fourth quarter of the last fiscal year before increasing again in the first quarter.

Stock Ratings

Analysts are bullish on the stock as six analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 31.8% to $28.3 million (31 cents a share) from $21.5 million (24 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 19.9% to $271.8 million from $226.7 million.

Summary

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012

EPS: 63 cents

Revenue Estimate: $339.5 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)