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Countdown to Clarus Corporation (CLAR) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
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Wall Street analysts forecast that Clarus Corporation (CLAR - Free Report) will report quarterly earnings of $0.08 per share in its upcoming release, pointing to a year-over-year decline of 60%. It is anticipated that revenues will amount to $84.45 million, exhibiting a decline of 18.9% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Clarus Corporation metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Outdoor' at $50.60 million. The estimate indicates a year-over-year change of -8.5%.
It is projected by analysts that the 'Revenue- Adventure' will reach $20.55 million. The estimate points to a change of +11.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Precision Sport' of $12.90 million. The estimate suggests a change of -57.4% year over year.
Shares of Clarus Corporation have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's +4.8% change. With a Zacks Rank #3 (Hold), CLAR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Countdown to Clarus Corporation (CLAR) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Wall Street analysts forecast that Clarus Corporation (CLAR - Free Report) will report quarterly earnings of $0.08 per share in its upcoming release, pointing to a year-over-year decline of 60%. It is anticipated that revenues will amount to $84.45 million, exhibiting a decline of 18.9% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Given this perspective, it's time to examine the average forecasts of specific Clarus Corporation metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Revenue- Outdoor' at $50.60 million. The estimate indicates a year-over-year change of -8.5%.
It is projected by analysts that the 'Revenue- Adventure' will reach $20.55 million. The estimate points to a change of +11.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Precision Sport' of $12.90 million. The estimate suggests a change of -57.4% year over year.
View all Key Company Metrics for Clarus Corporation here>>>
Shares of Clarus Corporation have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's +4.8% change. With a Zacks Rank #3 (Hold), CLAR is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>