New book by Larry Connors Click here Improve your trading - See how
Crocs (CROX | Quote | Chart | News | PowerRating) is due with its Q2 results after the closing bell tonight, and analysts polled by Thomson Financial expect the company to report a profit of $0.05 per share on revenue of $220 million.
CROX is mixed in its next-day share move following an evening earnings release, narrowing for five quarters in the 10 we've tracked, and widening in the other five. Near term, the stock has shifted to favoring a widening trend, recording more aggressive next-day trade on the heels of three of its last four after-hours quarterly reports.
On May 7, 2008, CROX jumped 14.2% in after-hours trade after beating Q1 revenue estimates and setting its guidance in-line to above the Street view. It edged just higher the next day, closing the May 8 regular session up 14.4%.
On Feb. 19, 2008, CROX tumbled 12.5% in evening trade after just beating Q4 expectations but also issuing guidance that was shy of the Street view. It added to its downside the following day, losing 14.4% by the close on Feb. 20.
On Oct. 31, 2007 the stock plunged 24.3% during evening trading after CROX reported shy with sales and set mixed guidance. The loss was an even deeper 36.1% the next day.
On July 26, 2007, CROX rocketed 16% higher in the after-hours following the company's better-than-expected results and guidance. It lost a good chunk of that gain in the next day's regular session, ending the day up 9.5%.
On May 3, 2007, CROX soared 16.1% in after-hours trade it blew past expectations and set its guidance above the Street. The gains kept coming the next day as CROX closed the May 4 regular session up 19.9%.
On Feb. 20, 2007, CROX edged up 0.4% in after-hours trade after the company beat Q4 expectations and guided for Q1 above the Street view. The modest gain was lost the next day as CROX slid 3.6% in the Feb. 21 regular session.
On Nov. 2, 2006, shares were up 1.3% in the evening hours after the company topped the Street view with Q3 results and guided for Q4 to beat. The stock advanced 4% the next day.
On Aug. 3, 2006, shares rallied 6.9% when the company blew past estimates with its latest results and guided higher. The stock fell 5.5% the next day.
On May 4, 2006, the issue managed a 0.4% evening gain following a report that showed improved earnings from the year-ago quarter. Shares fell 1.5% the next day.
On March 2, 2006, the stock was up 1.2% after swinging to profit in the latest period. Shares slipped 0.9% the next day.
Get MidnightTrader in real time: this report is delayed. The full MidnightTrader extended-hours trading analysis and news service is available in real-time through Comtex. For more information and to sign up for a free trial visit www.MidnightTrader.com/free_trial.php.
MidnightTrader is the premier source of extended-hours US equity trading analysis, news and forecasting for the retail and institutional investment community. MidnightTrader's extended-hours analytical trading service empowers both retail and institutional equity traders by providing the information necessary to make the most informed and opportunistic investment decisions.
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
