Clarus: Q3 Earnings Insights

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Clarus CLAR reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Clarus missed estimated earnings by 42.86%, reporting an EPS of $0.16 versus an estimate of $0.28.

Revenue was down $15.64 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 7.1% increase in the share price the next day.

Here's a look at Clarus's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.14 0.20 0.22 0.40
EPS Actual 0.11 0.18 0.20 0.26
Revenue Estimate 91.92M 95.04M 101.00M 118.26M
Revenue Actual 83.73M 97.38M 104.18M 115.72M

To track all earnings releases for Clarus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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