• Clarus Corp CLAR.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -5 cents to 2 cents per share.

• Revenue fell 2.2% to $55.25 million from a year ago; analysts expected $53.49 million.

• Clarus Corp's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $8.43 million.

• Clarus Corp shares had risen by 7.5% this quarter and lost 17.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 225% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "buy"

• Wall Street's median 12-month price target for Clarus Corp is $4.00, about 6.8% above its last closing price of $3.73

This summary was machine generated from LSEG data July 31 at 09:54 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)