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Stock impact report

Clarus (CLAR) Q4 Earnings & Revenues Lag Estimates, Stock Down [Yahoo! Finance]

Clarus Corporation (CLAR) 
NASDAQ:AMEX Investor Relations: claruscorp.com
Company Research Source: Yahoo! Finance
The bottom line missed the consensus estimate for the third consecutive quarter. Following the results, the company's shares lost 2.3% in the after-hours trading session on Mar 7. Warren Kanders, Clarus' executive chairman, said despite facing significant macroeconomic challenges in 2023 that negatively affected consumer interest, the company had implemented crucial measures to adjust its brands and inventory, aiming to position Clarus for sustained profitable growth as a dedicated, environmentally and socially responsible outdoor enterprise. Clarus Corporation Price, Consensus and EPS Surprise Clarus Corporation price-consensus-eps-surprise-chart | Clarus Corporation Quote CLAR reported an adjusted loss of 7 cents per share, which missed the Zacks Consensus Estimate of earnings of 5 cents. In the prior year, it reported adjusted earnings per share of 11 cents. Revenues of $76.5 million missed the consensus mark of $84 million. However, the top line increased 3.6% year over Show less Read more
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