ein lupenreiner "Crocs-Crash" und ein kleines Minus von 36% heute
Gewinn mehr als verdoppelt , aber der Ausblick war schuld an den heutigen Einbruch , war aber eigentlich zu erwarten das die Aktie bei "Bad News" komplett einbricht , die sind seit Anfang Mai nur nach oben gegangen , wobei der Ausblick eigentlich gar nicht so schlimm war , aber es hat gereicht für einen richtigen sell-off
Late Wednesday, the Niwot, Colo.-based company, said profits more than doubled to $56.5 million, or 66 cents a share, from $21.5 million, or 25 cents a share, for the year ago period. That was a few cents above the Street's call of 63 cents a share. Meanwhile, sales rose 130.3% to $256.3 million, from $111.3 million, which was just below analysts' estimate of $258.4 million. By many measures, the third quarter was a solid one, as gross margins improved and global demand remained robust.
Still, investors were deeply disappointed in the company's lower than expected outlook.
Crocs (nasdaq: CROX - news - people ) lifted its guidance for 2007 to $1.94 to $1.98 a share, on sales of $820 million to $830 million. That was roughly a nickel above the company's previous guidance of $1.89 to $1.93 a share, on sales of $810 million to $820 million. It was a small jump, but Wall Street was looking for a leap. The profit outlook matched analysts' estimate of $1.97 a share, but analysts hoped for sales of $835.7 million--$5.7 million above the new upper bound.
CROX 4:00PM ET 47.74 -27.01 -36.13%