Clarus Reports Earnings Results, Falls Short of Expectations

Clarus (NASDAQ:CLAR) released its quarterly earnings report on Thursday. The company announced an earnings per share (EPS) of ($0.14) for the quarter, which was below the analysts' expectations of $0.10, resulting in a miss of ($0.24). According to the report, Clarus recorded a net margin of 1.80% along with a negative return on equity (ROE) of 2.17%. Additionally, Clarus revised its financial guidance for fiscal year 2025 concerning EPS.

Clarus Stock Performance

On the same day of the announcement, Clarus stock price dropped by 0.9%, closing at $4.26. During the trading session, 221,634 shares were traded, significantly higher than the average volume of 129,154 shares. Currently, the stock has a fifty-two week low at $3.89 and a high at $7.55. Clarus's market capitalization stands at $163.42 million, with a price-to-earnings (P/E) ratio of 32.77 and a beta value of 0.82. The company's 50-day moving average is $4.67, while the 200-day moving average is $4.53.

Dividend Declaration

In addition to the earnings report, Clarus has also declared a quarterly dividend payment. This dividend will be distributed on March 26, with investors who are on record as of March 17 being eligible for a payment of $0.025 per share. This payment translates to an annualized dividend of $0.10, providing a yield of 2.35%. The ex-dividend date is also set for March 17. Currently, Clarus's payout ratio is at 76.92%.

About Clarus Corporation

Clarus Corporation is engaged in the design, development, manufacture, and distribution of outdoor equipment and lifestyle products both in the United States and internationally. The company operates two key segments: Outdoor and Adventure. The Outdoor segment includes a variety of products such as apparel, rock climbing footwear and equipment, backpacks, trekking poles, lighting equipment, gloves, and skis among others, catering to outdoor enthusiasts.

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