Crocs Full Year 2024 Earnings: EPS Beats Expectations

Crocs (NASDAQ:CROX) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.10b (up 3.5% from FY 2023).
• Net income: US$950.1m (up 20% from FY 2023).
• Profit margin: 23% (up from 20% in FY 2023).
• EPS: US$16.00 (up from US$12.91 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Crocs EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in the US.

Performance of the American Luxury industry.

The company's shares are up 15% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Crocs you should be aware of, and 1 of them doesn't sit too well with us.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.