Investing.com - Crocs (NASDAQ:CROX) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Crocs announced earnings per share of $2.50 on revenue of $985.1M. Analysts polled by Investing.com anticipated EPS of $2.62 on revenue of $942.52M.
Crocs shares are down 39.61% from the beginning of the year, still down 63.54% from its 52 week high of $183.88 set on November 15, 2021.
Crocs shares gained 4.92% in pre-market trade following the report.
Crocs follows other major Consumer Discretionary sector earnings this month
Crocs's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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