Clearwater Analytics Hldg Q2 Adj EPS $0.08 Beats $0.07 Estimate, Sales $89.88M Beat $87.52M Estimate
Portfolio Pulse from sunil@benzinga.com
Clearwater Analytics Hldg (NYSE:CWAN) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.07 by 14.29%. This is a 60% increase from the same period last year. The company also reported quarterly sales of $89.88 million, beating the analyst consensus estimate of $87.52 million by 2.70%. This is a 22.44% increase from the same period last year.
August 04, 2023 | 12:23 pm
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POSITIVE IMPACT
Clearwater Analytics Hldg's Q2 earnings and sales beat estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Clearwater Analytics Hldg reported better than expected Q2 earnings and sales, which is a positive signal to investors. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100