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

CLEAR Secure

16/11/2022 03:51

* Clear Secure Inc  YOU.N  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for breakeven
results per share.
    * Revenue rose 71.6% to $115.92 million from a year ago;
analysts
expected $111.97 million. 
    * Clear Secure Inc's reported EPS for the quarter was a loss
of 44
cents​.
    * The mean earnings estimate of analysts had risen by
about 100%
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 risen by 29.9% this
quarter and
lost 5.4% so far this year.
    * The company reported a quarterly loss of $36.76 million.
    * Wall Street's median 12-month price target for Clear
Secure Inc
is $33.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
16 at 03:51 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.00           0.05           Beat
 Jun. 30 2022      -0.04          0.00           Beat
 Mar. 31 2022      -0.12          -0.03          Beat
 Dec. 31 2021      -0.24          -0.09          Beat