For the quarter ended December 2024, Clarivate PLC (CLVT) reported revenue of $663 million, down 3% over the same period last year. EPS came in at $0.21, compared to $0.23 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $658.05 million, representing a surprise of +0.75%. The company delivered an EPS surprise of +5.00%, with the consensus EPS estimate being $0.20.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Clarivate performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Intellectual Property: $209.10 million compared to the $212.56 million average estimate based on four analysts. The reported number represents a change of -7.3% year over year.
- Revenues- Life Sciences & Healthcare: $111 million compared to the $114.48 million average estimate based on four analysts. The reported number represents a change of -6.5% year over year.
- Revenues- Academia & Government: $342.90 million versus $333.63 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1% change.
- Revenues- Transactional and other revenues: $144 million compared to the $130.13 million average estimate based on two analysts. The reported number represents a change of -6.4% year over year.
- Revenues- Re-occurring revenues: $112 million versus the two-analyst average estimate of $121.63 million. The reported number represents a year-over-year change of -6%.
- Revenues- Subscription revenues: $407 million compared to the $425.73 million average estimate based on two analysts. The reported number represents a change of -0.9% year over year.
Shares of Clarivate have returned -9.9% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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