• Clarivate PLC CLVT.N reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of nine analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 19 cents per share.

• Revenue fell 4.4% to $621.40 million from a year ago; analysts expected $589.40 million.

• Clarivate PLC's reported EPS for the quarter was a loss of 11 cents​.

• The company reported a quarterly loss of $72 million.

• Clarivate PLC shares had fallen by 1.6% this quarter and lost 16.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the professional information services peer group is "buy."

• Wall Street's median 12-month price target for Clarivate PLC is $4.90, about 13.7% above its last closing price of $4.23

This summary was machine generated from LSEG data July 30 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)