Clarus Corp expected to post earnings of 20  cents a share - Earnings Preview

Clarus

28/04/2023 21:13

* Clarus Corp  CLAR.OQ   CLAR.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 1. 
    * The Salt Lake City Utah-based  company is expected to
report  a
16.1% decrease in revenue to $95.04 million from $113.28 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on February 27
2023, for the period ended March 31, was for revenue of $95.000
million.
    * ​Refinitiv's mean analyst estimate for Clarus Corp is for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$12​, above​ its last closing price of $9.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.38        0.36       0.37      Beat    1.8
 ​​Dec.        0.37        0.36       0.45      Beat    24.6
 31 2021                                                
 Sep. 30 2021  0.50        0.48       0.50      Beat    4.8​
 Jun. 30 2021  0.18        0.18       0.20      Beat    13.2
 Mar. 31 2021  0.24        0.22       0.31      Beat    40.9
 This summary was machine generated April 28 at 20:13 GMT.  All
figures in US dollars  unless otherwise stated