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

Clarus

10/05/2022 09:39

* Clarus Corp  CLAR.OQ  reported quarterly adjusted earnings
of 37
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 36 cents per share.
    * Revenue rose 50.4% to $113.28 million from a year ago; 
analysts
expected $110.23 million. 
    * Clarus Corp's reported EPS for the quarter was 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% 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 6.6% this quarter and
lost 23.3% so far this year.
    * The company reported quarterly net income of $5.31
million.
    * Wall Street's median 12-month price target for Clarus Corp
is
$33.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 08:38 a.m.  ​All
figures in US dollars unless otherwise stated