Clarus Corp expected to post earnings of 40cents a share - Earnings Preview

Clarus

05/11/2022 03:02

* Clarus Corp  CLAR.OQ   CLAR.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 7. 
    * The Salt Lake City Utah-based  company is expected to
report  a
8.5% increase in revenue to $118.265 million from $108.97
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
August 1 2022, for the period ended September 30, was for
revenue of $118.000 million.
    * ​Refinitiv's mean analyst estimate for Clarus Corp is for
earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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
$32​, above​ its last closing price of $11.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.37        0.36       0.45      Beat    24.6​
 Sep. 30 2021  0.50        0.48       0.50      Beat    4.8
 ​​Jun.        0.18        0.18       0.20      Beat    13.2
 30 2021                                                
 Mar. 31 2021  0.24        0.22       0.31      Beat    40.9​
 Dec. 31 2020  0.32        0.31       0.34      Beat    11.5
 Sep. 30 2020  0.26        0.23       0.30      Beat    31.6
 This summary was machine generated November 5 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated