Claritev Corp reports results for the quarter ended March 31 - Earnings Summary

Claritev

08/05/2025 14:32

Claritev Corp CTEV.N reported a quarterly adjusted loss of $3.90​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $-1.20.  The mean expectation of two analysts for the quarter was for a loss of $3.09 per share. Wall Street expected results to range from $-3.99 to $-2.20 per share.

Revenue fell 1.4% to $231.33 million from a year ago; analysts expected $222.66 million.

Claritev Corp shares had risen by 2.9% this quarter and gained 43.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 15.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for Claritev Corp is $21.00

This summary was machine generated from LSEG data May 8 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-3.09
-3.90
Missed
Dec. 31 2024
-9.81
-8.54
Beat
Sep. 30 2024
-13.70
-24.25
Missed
Jun. 30 2024
-2.23
-35.60
Missed