Clearsign Technologies Corp reports results for the quarter ended September 30 - Earnings Summary

Clearsign Technologies

20/11/2024 22:01

* Clearsign Technologies Corp  CLIR.OQ  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of -3 cents.  The lone analyst forecast for
the quarter was for a loss of 3 cents per share. 
    * Revenue rose 2,087.1% to $1.86 million from a year ago;
analysts
expected $1.29 million. 
    * The company reported a quarterly loss of $1.16 million.
    * Clearsign Technologies Corp shares had risen by 5.3% this
quarter and lost 19.4% 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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Clearsign
Technologies Corp is $6.00 
This summary was machine generated from LSEG data November 20 at
10:00 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      -0.03          -0.02          Beat
 Jun. 30 2024      -0.04          -0.04          Met
 Dec. 31 2023      -0.04          -0.02          Beat