Crocs Guides Q1, FY23 Adj. EPS Above Estimates - Update

RTTNews | 924 dagar sedan
Crocs Guides Q1, FY23 Adj. EPS Above Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, casual footwear company Crocs, Inc. (CROX) initiated adjusted earnings and revenue growth guidance for the first quarter and full-year 2023.

For the first quarter, the company expects adjusted earnings in a range of $2.06 to $2.19 per share on revenue growth of about 27 to 30 percent.

On average, eight analysts polled by Thomson Reuters expect the company to report earnings of $2.02 per share on revenue growth of 25.0 percent to $825.48 million for the quarter. Analysts' estimates typically exclude special items.

For the fiscal 2023, the company expects adjusted earnings in a range of $11.00 to $11.31 per share on revenue growth of about 10 to 13 percent.

The Street is looking for earnings of $10.86 per share on revenue growth of 12.0 percent to $3.97 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
KOSPI May Break Through 3,200-Point Level

KOSPI May Break Through 3,200-Point Level

The South Korea stock market has climbed higher in two straight sessions, advancing almost 20 points or 0.6 percent in that span. The KOSPI now sits just shy of the 3,200-point plateau and it may open to the upside again on Friday.
RTTNews | 16 minuter sedan
Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.
RTTNews | 1h 16minuter sedan
Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.
RTTNews | 1h 48minuter sedan
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 5h 26minuter sedan
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 5h 45minuter sedan
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 8h 46minuter sedan
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 8h 56minuter sedan