Clarus Corp reports results for the quarter ended in June - Earnings Summary

Clarus

07/08/2023 23:09

* Clarus Corp  CLAR.OQ  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 13 cents per share.
    * Revenue fell 27.2% to $83.73 million from a year ago;
analysts
expected $91.97 million. 
    * Clarus Corp's reported EPS for the quarter was a loss of 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clarus Corp shares had fallen by 6.5% this quarter and
gained 9.1% so far this year.
    * The company reported a quarterly loss of $2.09 million.
    * Wall Street's median 12-month price target for Clarus Corp
is
$12.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:09 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.11           Missed
 Mar. 31 2023      0.20           0.18           Missed
 Dec. 31 2022      0.22           0.20           Missed
 Sep. 30 2022      0.40           0.26           Missed