Crocs misses by $0.01, reports revs in-line; reaffirms Q2 revs guidance; reaffirms FY08 revs guidance

Briefing.com

Posted: 2008-05-07 16:11:00

Reports Q1 (Mar) earnings of $0.09 per share, $0.01 worse than the First Call consensus of $0.10; revenues rose 39.8% year/year to $198.5 mln vs the $196.7 mln consensus. Co reaffirms guidance for Q2, sees EPS of $0.45-0.50, may not be comparable to $0.43 consensus; sees Q2 revs of $246.7-257.9 mln vs. $252.19 mln consensus. Co reaffirms guidance for FY08, sees EPS of $1.70-1.80, may not be comparable to $1.60 consensus; sees FY08 revs of $974.5-1020.0 mln vs. $1 bln consensus.