Clarus (NASDAQ: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.
