Clarus Q2 Adj EPS $0.11 Misses $0.14 Estimate, Sales $83.73M Miss $91.92M Estimate
Portfolio Pulse from bharat@benzinga.com
Clarus Corporation (NASDAQ:CLAR) reported Q2 earnings of $0.11 per share, missing the analyst consensus estimate of $0.14 by 21.43%. This is a 66.67% decrease from the same period last year. The company also reported quarterly sales of $83.73 million, missing the analyst consensus estimate of $91.92 million by 8.91%. This is a 27.15% decrease from the same period last year.
August 07, 2023 | 8:30 pm
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NEGATIVE IMPACT
Clarus Corporation's Q2 earnings and sales fell short of analyst estimates, indicating a potential negative impact on the company's stock price in the short term.
Clarus Corporation's Q2 earnings and sales have significantly missed analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100