Investing.com - Crocs reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Crocs announced earnings per share of $2.15 on revenue of $586.6M. Analysts polled by Investing.com anticipated EPS of $1.93 on revenue of $581.84M.
Crocs shares are down 21% from the beginning of the year and are trading at $104.21 , down-from-52-week-high.They are under-performing the Nasdaq which is down 9.62% from the start of the year.
Crocs shares gained 2.94% in pre-market trade the report.
Crocs follows other major Consumer Discretionary sector earnings this month
Crocs's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Tesla had beat expectations on January 26 with fourth quarter EPS of $2.54 on revenue of $17.72B, compared to forecast for EPS of $2.36 on revenue of $17.13B.
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