Clear Secure Q1 Adj $0.28 Beats $0.17 Estimate, Sales $179.05M Beat $173.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clear Secure (NYSE:YOU) reported Q1 adjusted earnings of $0.28 per share, surpassing the $0.17 estimate, a 366.67% increase from last year's $0.06. Sales reached $179.05M, beating the $173.21M estimate, marking a 35.28% increase from the previous year.
May 08, 2024 | 10:03 am
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Clear Secure reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $0.28 vs. the $0.17 estimate and sales of $179.05M vs. $173.21M estimate.
Clear Secure's substantial beat on both earnings per share and sales estimates for Q1, compared to analyst expectations, indicates strong financial health and operational efficiency. This performance, especially being significantly higher than the same period last year, is likely to positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100