, a maker of shoes, said its third-quarter net income nearly tripled year over year.
Revenue for the quarter jumped to $111.3 million from $38.3 million last year. Earnings rose to $21.5 million, or 53 cents a share, from $7.4 million and 22 cents a share in the same period a year ago.
The results for the latest quarter were well ahead of Wall Street's estimates for earnings of 41 cents and sales of $92.2 million.
For the fourth quarter ending Dec. 31, Crocs expects revenue of $92 million to $95 million and a profit of 40 cents to 43 cents. Full-year revenue should be $334 million to $337 million with earnings of $1.50 to $1.53.
On average, analysts surveyed by Thomson Financial are looking for a profit of only 29 cents in the fourth quarter and $1.26 for the year. The consensus revenue targets are $79.2 million in the quarter and $301.8 million for 2006.