Clarus Q2 2024 Adj. EPS $(0.03) Misses $(0.01) Estimate, Sales $56.484M Miss $58.536M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clarus (NASDAQ:CLAR) reported Q2 2024 adjusted EPS of $(0.03), missing the $(0.01) estimate by 200%. Sales were $56.484M, missing the $58.536M estimate by 3.51% and down 2.51% from the same period last year.
August 01, 2024 | 8:39 pm
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Clarus reported Q2 2024 adjusted EPS of $(0.03), missing the $(0.01) estimate by 200%. Sales were $56.484M, missing the $58.536M estimate by 3.51% and down 2.51% from the same period last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100