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Crocs Inc. (CROX) Has Surged To A New High After Q3 Report

Crocs Inc. (CROX) reported third quarter EPS of $0.07 Thursday morning, compared to the loss of $0.03 a year ago. The consensus estimate was for a loss of $0.02.

The company now expects full year 2018 revenues to be 4 to 5% higher from 2017, up from prior guidance of a low single digit increase.

Crocs gapped open sharply higher this morning and has continued to rise in early trade. The stock is now up 4.77 at $26.21 on above average volume. The stock has broken out to a new high for the year.

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