Clearwater Analytics Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Clearwater Analytics Holdings

19/02/2025 22:01

* Clearwater Analytics Holdings Inc  CWAN.N  reported
quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 10 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of 11 cents per
share. Wall Street expected results to range from 9 cents to 13
cents per share.
    * Revenue rose 27.7% to $126.47 million from a year ago;
analysts
expected $120.30 million. 
    * Clearwater Analytics Holdings Inc's reported EPS for the
quarter
was $1.63​.
    * The company reported quarterly net income of $419.49
million.
    * Clearwater Analytics Holdings Inc shares had risen by 0.4%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
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 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Clearwater
Analytics Holdings Inc is $34.00 
This summary was machine generated from LSEG data February 19 at
10:01 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
 Dec. 31 2024      0.11           0.13           Beat
 Sep. 30 2024      0.11           0.12           Beat
 Jun. 30 2024      0.10           0.10           Met
 Mar. 31 2024      0.09           0.10           Beat