Recap: Clearwater Analytics Hldg Q4 Earnings
Portfolio Pulse from Benzinga Insights
Clearwater Analytics Hldg (NYSE:CWAN) reported Q4 earnings, beating estimates with an EPS of $0.1 against an expected $0.08, a 25.0% increase. Revenue rose by $16.33 million year-over-year. The company has a history of surpassing EPS estimates, leading to a share price increase of 4.0% the day after last quarter's earnings were announced.
February 28, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Clearwater Analytics Hldg reported a significant beat on Q4 earnings with a 25% higher EPS than expected and a notable year-over-year revenue increase.
CWAN's Q4 earnings beat and consistent history of surpassing EPS estimates, coupled with a significant revenue increase, suggest a positive short-term impact on its stock price. Historically, the company's stock price increased by 4.0% the day after last quarter's earnings beat, indicating a potential repeat performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100