Crocs Inc. (CROX) posted fourth-quarter earnings of $183.3 million on Tuesday.
It had net income of $2.69 per share, the Broomfield, Colorado-based company said. Earnings came to $1.06 per share, adjusted for non-recurring gains.
Wall Street expectations were beaten by the results. The average estimate of Zacks Investment Research’s four analysts surveyed for earnings was 82 cents per share.
In the era, the footwear company reported revenue of $411.5 million, also beating Street’s forecasts. $408.3 million was forecast by four analysts surveyed by Zacks.
The company posted $312.9 million in profit for the year, or $4.56 per share. It posted revenue of $1.39 billion.
Since the beginning of the year, Crocs’ shares have increased 33 percent. In the last 12 months, the stock has more than doubled.