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Clarus Corp expected to post earnings of 8 cents a share - Earnings Preview

Clarus Corp CLAR.OQ CLAR.O is expected to show a fall in quarterly revenue when it reports  results on March 6 for the period ending December 31 2024

The Salt Lake City Utah-based  company is expected to report a 9.8% decrease in revenue to $69.028 million from $76.5 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue of $70.000 million.

​LSEG's mean analyst estimate for Clarus Corp is for earnings of 8 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 $5.25​, above​ its last closing price of $4.44. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD70 million and USD7 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 20240.070.070.05Missed-30.6
Jun. 30 20240.000.00-0.03Missed-500
Mar. 31 2024-0.02-0.040.00Beat100​
Dec. 31 20230.090.09-0.07Missed-177.8
​​Sep. 30 20230.280.280.16Missed-42.9
Jun. 30 20230.100.130.11Missed-15.4​
Mar. 31 20230.200.190.18Missed-5.3
Dec. 31 20220.230.220.20Missed-10.3
This summary was machine generated March 4 at 21:36 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)

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