Clear Secure Inc reports results for the quarter ended in June - Earnings Summary

CLEAR Secure

02/08/2023 14:32

* Clear Secure Inc  YOU.N  reported quarterly adjusted
earnings of
15 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 7 cents per share.
    * Revenue rose 45.9% to $149.87 million from a year ago;
analysts
expected $139.58 million. 
    * Clear Secure Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Clear Secure Inc shares had fallen by 1.9% this
quarter and
lost 16.5% so far this year.
    * The company reported quarterly net income of $4.01
million.
    * Wall Street's median 12-month price target for Clear
Secure Inc
is $27.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.07           0.15           Beat
 Mar. 31 2023      0.05           0.06           Beat
 Dec. 31 2022      0.04           0.14           Beat
 Sep. 30 2022      0.00           0.05           Beat