Crocs Becomes After-Hours Most Active Volume Leader (CROX)

Posted in after-hours 
August 6th, 2009

Crocs, Inc. (NASDAQ: CROX) is not just up big… it is soaring in the after-hours session on its earnings report. Revenue fell to $197.7 million from $222.8 million a year ago.  On a non-GAAP EPS it lost $5.0 million or -$0.06 EPS.  The company’s prior range was $0.31 to $0.15.  Thomson Reuters estimates are -$0.21 EPS and $149.95 million in revenues.  The guidance is much less bad than many might have expected and it is calling for a return to profits.  We have massive volume in this one.  At 4:28 PM EST we have already seen 33% gain to $5.68 on almost 1.3 million shares since its post-close earnings report.
JON C. OGG
AUGUST 6, 2009

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