Clarivate Q3 Adj EPS $0.21 Beats $0.18 Estimate, Sales $647.20M Beat $631.65M Estimate
Portfolio Pulse from bharat@benzinga.com
Clarivate (NYSE:CLVT) reported Q3 earnings of $0.21 per share, beating the analyst consensus estimate of $0.18 by 16.67%. This is a 5% increase from the same period last year. The company also reported quarterly sales of $647.20 million, beating the analyst consensus estimate of $631.65 million by 2.46%. This is a 1.81% increase from the same period last year.
November 07, 2023 | 11:08 am
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POSITIVE IMPACT
Clarivate's Q3 earnings and sales beat estimates, which could lead to a positive market reaction.
Clarivate's earnings and sales for Q3 have exceeded analyst estimates. This positive financial performance 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