Published on 20 Jan 2022 on Simply Wall St. via Yahoo Finance

Analysts Just Shipped An Upgrade To Their Crocs, Inc. (NASDAQ:CROX) Estimates

Shareholders in Crocs, Inc. (NASDAQ:CROX) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus statutory numbers for both revenue and earnings per share (EPS) increased, with their view clearly much more bullish on the company's business prospects.

Following the upgrade, the most recent consensus for Crocs from its eight analysts is for revenues of US$3.4b in 2022 which, if met, would be a huge 60% increase on its sales over the past 12 months. Statutory earnings per share are anticipated to sink 17% to US$10.62 in the same period. Before this latest update, the analysts had been forecasting revenues of US$3.4b and earnings per share (EPS) of US$10.73 in 2022. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business.

Check out our latest analysis for Crocs