Investing.com - Clarus reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Clarus announced earnings per share of $0.26 on revenue of $115.7M. Analysts polled by Investing.com anticipated EPS of $0.16 on revenue of $118.26M.
Clarus shares are up 6% from the beginning of the year and are trading at $8.30 , down-from-52-week-high.
Clarus shares lost 24.61% in after-hours trade the report.
Clarus follows other major Consumer Discretionary sector earnings this month
Clarus's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar