Climb Global Solutions Inc reports results for the quarter ended June 30 - Earnings Summary
Climb Global Solutions Inc reports results for the quarter ended June 30 - Earnings Summary
Climb Global Solutions Inc CLMB.OQ reported quarterly adjusted earnings of 30 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of three analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 29 cents to 33 cents per share.
Revenue rose 9.4% to $174.21 million from a year ago; analysts expected $174.97 million.
Climb Global Solutions Inc's reported EPS for the quarter was 30 cents.
The company reported quarterly net income of $5.52 million.
Climb Global Solutions Inc shares had risen by 21.4% this quarter and gained 9.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 7.8% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Climb Global Solutions Inc is $32.00, about 11.9% above its last closing price of $28.18
This summary was machine generated from LSEG data July 29 at 09:52 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 |
Jun. 30 2026 | 0.31 | 0.30 | Missed |
Mar. 31 2026 | 0.25 | 0.19 | Missed |
Dec. 31 2025 | 0.32 | 0.38 | Beat |
Sep. 30 2025 | 0.28 | 0.33 | Beat |
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See all newsClimb Global Solutions Inc reports results for the quarter ended June 30 - Earnings Summary
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