Clarus Corp expected to post breakeven results a share - Earnings Preview
31/07/2024 03:06
* Clarus Corp CLAR.OQ CLAR.O is expected to show a fall
in
quarterly revenue when it reports results on August 1 for the
period ending January 1 0001
* The Salt Lake City Utah-based company is expected to
report a
30.1% decrease in revenue to $58.536 million from $83.73 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $58.00 million and
$62.00 million.
* LSEG's mean analyst estimate for Clarus Corp is for
breakeven
results 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 was unchanged 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 $5.95.
The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD500 thousand.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -0.02 -0.01 0.00 Beat 100
Dec. 31 0001 0.09 0.09 -0.07 Missed -177.8
Sep. 30 2023 0.28 0.28 0.16 Missed -42.9
Jun. 30 2023 0.10 0.13 0.11 Missed -15.4
Mar. 0.20 0.20 0.18 Missed -8.7
31 2023
Dec. 31 2022 0.23 0.22 0.20 Missed -10.3
Sep. 30 2022 0.42 0.40 0.26 Missed -35.7
Jun. 30 2022 0.38 0.36 0.33 Missed -9.4
This summary was machine generated July 31 at 02:06 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)