Niwot-based shoe manufacturer Crocs, Inc. (NASDAQ:CROX) declared on Wednesday that its Q4 and full-year earning, cutting a record revenue earning year of $1.12B.
Analysts anticipates 43 cents earnings a share, according Thomson Reuters. They are anticipating 38 cents earnings a share for Q1 2013.
Crocs shares plunged over 2% following the earnings declaration, to close at $14.61 a share.
The President and CEO, John McCarvel stated that their strong performance in 2012 reflects theri ongoing investment in their multi channel strategy. They saw revenue growth throughout 2012 of 14% on a constant currency basis, whereas also imminent a record 50M units and surging average selling prices.
Shares of Crocs, Inc. (NASDAQ:CROX) traded at $14.61 by plunging -0.61% with price volatility of 2.29% for a week and 2.23% for a month plus price volatility’s Average True Range for 14 days was 0.39 and its beta stands at 1.47 times.
Stocks after opening at $14.77 hit high price of $14.88 and on last session stock held volume of 3.45 million shares which was unexpectedly higher than its average volume of 1.87 million shares.
Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 3.42 as current ratio. The Company had total cash at hand $315.06 million and a book value per share as $7.09 in the most recent quarter.
While investors who viewing CROX against other stocks with the reference of profit margin that are Coach, Inc. (NYSE:COH) having profit margin 21.31%, NIKE, Inc. (NYSE:NKE) with 8.95% profit margin, Crocs, Inc. (NASDAQ:CROX) having 12.75% profit margin and Deckers Outdoor Corp (NASDAQ:DECK) having profit margin of 11.29%.
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