Clear Secure Inc reports results for the quarter ended in September 30 - Earnings Summary

CLEAR Secure

07/11/2024 14:21

* Clear Secure Inc  YOU.N  reported quarterly adjusted
earnings of
30 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 21 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 33 cents per share. Wall Street
expected results to range from 32 cents to 34 cents per share.
    * Revenue rose 23.7% to $198.42 million from a year ago;
analysts
expected $194.62 million. 
    * Clear Secure Inc's reported EPS for the quarter was 25
cents​.
    * The company reported quarterly net income of $23.47
million.
    * Clear Secure Inc shares had risen by 16.0% this
quarter and
gained 89.1% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for Clear Secure Inc
is $32.00 
This summary was machine generated from LSEG data November 7 at
02:20 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.33           0.30           Missed
 Jun. 30 2024      0.26           0.34           Beat
 Mar. 31 2024      0.17           0.28           Beat
 Dec. 31 2023      0.16           0.17           Beat