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

CLEAR Secure

09/05/2023 14:32

* Clear Secure Inc  YOU.N  reported quarterly adjusted
earnings of
6 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
5 cents per share.
    * Revenue rose 46.2% to $132.36 million from a year ago;
analysts
expected $129.73 million. 
    * Clear Secure Inc's reported EPS for the quarter was a loss
of 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 118.6%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Clear Secure Inc shares had fallen by 1.3% this
quarter and
lost 5.9% so far this year.
    * The company reported a quarterly loss of $5.22 million.
    * Wall Street's median 12-month price target for Clear
Secure Inc
is $34.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

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