Climb Global Solutions Inc reports results for the quarter ended in September - Earnings Summary

Climb Global Solutions

02/11/2023 13:32

* Climb Global Solutions Inc  CLMB.OQ  reported quarterly
adjusted
earnings of 52 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 17 cents.  The lone analyst forecast for
the quarter was for earnings of 66 cents per share. 
    * Revenue rose 2.9% to $78.46 million from a year ago;
analysts
expected $85.41 million. 
    * Climb Global Solutions Inc's reported EPS for the quarter
was 52
cents​.
    * The company reported quarterly net income of $2.37
million.
    * Climb Global Solutions Inc shares had risen by 0.5% this
quarter and gained 37.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 24.1%
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
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Climb
Global
Solutions Inc is $48.00 

This summary was machine generated from LSEG data November 2 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.66           0.52           Missed
 Jun. 30 2023      0.45           0.31           Missed
 Mar. 31 2023      0.56           0.74           Beat
                                  1.06