Investing.com - Crocs reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Crocs announced earnings per share of $2.23 on revenue of $640.8M. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $560.28M.
Crocs shares are up 91% from the beginning of the year and are trading at $119.98 , down-from-52-week-high.They are outperforming the Nasdaq which is up 13.53% from the start of the year.
Crocs follows other major Consumer Cyclical sector earnings this month
Crocs's report follows an earnings beat by Pool on Thursday, who reported EPS of $6.18 on revenue of $1.79B, compared to forecasts EPS of $5.49 on revenue of $1.73B.
Whirlpool had beat expectations on Wednesday with second quarter EPS of $6.64 on revenue of $5.32B, compared to forecast for EPS of $5.95 on revenue of $5.05B.
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