Clarus (NASDAQ:CLAR) Releases Earnings Results, Misses Estimates By $0.24 EPS

Clarus (NASDAQ:CLAR) announced its earnings results on Thursday. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.24), Zacks reports. Clarus had a net margin of 1.80% and a negative return on equity of 2.17%. Clarus updated its FY 2025 guidance to EPS.

Clarus Price Performance

Shares of CLAR stock traded down $0.04 on Thursday, hitting $4.26. The stock had a trading volume of 221,634 shares, compared to its average volume of 129,154. Clarus has a 12-month low of $3.89 and a 12-month high of $7.55. The stock has a market cap of $163.42 million, a price-to-earnings ratio of 32.77 and a beta of 0.82. The business has a 50 day moving average of $4.67 and a 200 day moving average of $4.53.

Clarus Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 17th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.10 annualized dividend and a dividend yield of 2.35%. Clarus’s payout ratio is 76.92%.

About Clarus

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.