Does The Street Have Crocs Figured Out?

Crocs (Nasdaq: CROX  ) is expected to report Q1 earnings around April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Crocs's revenues will expand 12.4% and EPS will grow 6.3%.

The average estimate for revenue is $305.5 million. On the bottom line, the average EPS estimate is $0.34.

Revenue details
Last quarter, Crocs reported revenue of $225.0 million. GAAP reported sales were 10% higher than the prior-year quarter's $203.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.04. GAAP EPS were -$0.04 for Q4 against $0.06 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 47.3%, 170 basis points worse than the prior-year quarter. Operating margin was -1.9%, 420 basis points worse than the prior-year quarter. Net margin was -1.6%, 430 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.25 billion. The average EPS estimate is $1.49.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,683 members out of 2,351 rating the stock outperform, and 668 members rating it underperform. Among 457 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 303 give Crocs a green thumbs-up, and 154 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Crocs is outperform, with an average price target of $19.00.

Selling to fickle consumers is a tough business for Crocs or anyone else in the space. But some companies are better equipped to face the future than others. In a new report, we'll give you the rundown on three companies that are setting themselves up to dominate retail. Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Crocs. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2375561, ~/Articles/ArticleHandler.aspx, 10/23/2014 2:09:09 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement