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

Clarus

07/11/2022 22:50

* Clarus Corp  CLAR.OQ  reported quarterly adjusted earnings
of 26
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 40 cents per share.
    * Revenue rose 6.2% to $115.72 million from a year ago;
analysts
expected $118.27 million. 
    * Clarus Corp's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts was unchanged 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 13.5% this quarter and
lost 58.0% so far this year.
    * The company reported quarterly net income of $2.75
million.
    * Wall Street's median 12-month price target for Clarus Corp
is
$32.00 
    * 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." 

This summary was machine generated from Refinitiv data November
7 at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.40           0.26           Missed
 Jun. 30 2022      0.36           0.33           Missed
 Mar. 31 2022      0.36           0.37           Beat
 Dec. 31 2021      0.36           0.45           Beat