Investing.com - Crocs reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Crocs announced earnings per share of $1.06 on revenue of $411.5M. Analysts polled by Investing.com anticipated EPS of $0.799 on revenue of $408.37M.
Crocs shares are up 32% from the beginning of the year and are trading at $83.14 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5% from the start of the year.
Crocs follows other major Consumer Cyclical sector earnings this month
Crocs's report follows an earnings missed by Tesla on Wednesday, January 27, 2021, who reported EPS of $0.8 on revenue of $10.74B, compared to forecasts EPS of $1.02 on revenue of $10.74B.
Louis Vuitton ADR had beat expectations on Wednesday, January 27, 2021 with fourth quarter EPS of $2 on revenue of $17.29B, compared to forecast for EPS of $1.82 on revenue of $17.42B.
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