Clarivate (NYSE:CLVT – Get Free Report) is scheduled to post its quarterly earnings results before the market opens on Tuesday, August 6th. Analysts expect Clarivate to post earnings of $0.18 per share for the quarter. Clarivate has set its FY 2024 guidance at 0.700-0.800 EPS and its FY24 guidance at $0.70-0.80 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Clarivate (NYSE:CLVT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $621.20 million during the quarter, compared to analysts’ expectations of $614.57 million. Clarivate had a negative net margin of 39.29% and a positive return on equity of 10.11%. On average, analysts expect Clarivate to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Clarivate Trading Down 0.9 %
NYSE:CLVT opened at $6.42 on Monday. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of -3.87, a PEG ratio of 4.38 and a beta of 1.15. The firm has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $7.01. Clarivate has a 12 month low of $5.19 and a 12 month high of $9.60. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.03.
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About Clarivate
Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications.
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