Clarus Corp expected to post a loss of 1 cent a share - Earnings Preview
30/04/2024 22:10
* Clarus Corp CLAR.OQ CLAR.O is expected to show a fall
in
quarterly revenue when it reports results on May 2 for the
period ending January 1 0001
* The Salt Lake City Utah-based company is expected to
report a
33.9% decrease in revenue to $64.333 million from $97.38 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on March 7 2024, for
the period ended March 31, was for revenue between $64.00
million and $66.00 million.
* LSEG's mean analyst estimate for Clarus Corp is for a
loss of 1
cent per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.
* Wall Street's median 12-month price target for Clarus Corp
is
$7.25, above its last closing price of $6.45.
The company's guidance on March 7 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD64 million and USD2 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.09 0.09 -0.07 Missed -177.8
Sep. 30 2023 0.28 0.28 0.16 Missed -42.9
Jan. 1 0001 0.10 0.13 0.11 Missed -15.4
Mar. 31 2023 0.20 0.20 0.18 Missed -8.7
Dec. 0.23 0.22 0.20 Missed -10.3
31 2022
Sep. 30 2022 0.42 0.36 0.26 Missed -35.7
Jun. 30 2022 0.38 0.36 0.33 Missed -9.4
Mar. 31 2022 0.38 0.36 0.37 Beat 1.8
This summary was machine generated April 30 at 21:10 GMT. 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)