MW Footwear maker Crocs rallies as its 2025 profit outlook tops estimate
Crocs Inc.'s stock was up nearly 16% in premarket trading on Thursday after the footwear maker's outlook for adjusted 2025 profit came in ahead of Wall Street analyst estimates.
Crocs $(CROX)$ said it expects full-year profit of $12.70 a share to $13.15 a share, ahead of the FactSet consensus estimate of $12.58 a share.
For the first quarter, Crocs expects adjusted earnings of $2.38 a share to $2.52 a share, below the analyst estimate of $2.65 a share.
(This is a developing news story with updates coming.)
-Steve Gelsi
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 13, 2025 07:18 ET (12:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.