Clarus Corp expected to post earnings of 13  cents a share - Earnings Preview

Clarus

05/08/2023 03:01

* Clarus Corp  CLAR.OQ   CLAR.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 7. 
    * The Salt Lake City Utah-based  company is expected to
report  a
20.0% decrease in revenue to $91.967 million from $114.93
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on May
1 2023, for the period ended June 30, was for revenue of $92.000
million.
    * ​Refinitiv's mean analyst estimate for Clarus Corp is for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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
$12​, above​ its last closing price of $8.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.20        0.20       0.18      Missed  -8.7
 Dec. 31 2023  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
 ​​Mar.        0.38        0.36       0.37      Beat    1.8
 31 2022                                                
 Dec. 31 2021  0.37        0.36       0.45      Beat    24.6​
 Sep. 30 2021  0.50        0.48       0.50      Beat    4.8
 Jun. 30 2021  0.18        0.18       0.20      Beat    13.2
 This summary was machine generated August 5 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated