
WASHINGTON (dpa-AFX) - Crocs Inc. (CROX) revealed earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $160.10 million, or $2.83 per share. This compares with $152.45 million, or $2.50 per share, last year.
Excluding items, Crocs Inc. reported adjusted earnings of $169.68 million or $3.00 per share for the period.
Analysts on average had expected the company to earn $2.49 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.1% to $937.33 million from $938.63 million last year.
Crocs Inc. earnings at a glance (GAAP) :
-Earnings: $160.10 Mln. vs. $152.45 Mln. last year. -EPS: $2.83 vs. $2.50 last year. -Revenue: $937.33 Mln vs. $938.63 Mln last year.
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