Clarivate (NYSE:CLVT) Releases FY 2025 Earnings Guidance

Clarivate (NYSE:CLVT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.600-0.700 for the period, compared to the consensus earnings per share estimate of 0.640. The company issued revenue guidance of $2.3 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion.

Clarivate Stock Down 0.6 %

Shares of CLVT stock opened at $3.60 on Tuesday. The stock has a 50 day moving average of $3.90 and a 200-day moving average of $4.89. The company has a quick ratio of 0.88, a current ratio of 0.87 and a debt-to-equity ratio of 0.88. The firm has a market cap of $2.48 billion, a PE ratio of -3.75 and a beta of 1.48. Clarivate has a 12 month low of $3.04 and a 12 month high of $7.30.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada reiterated a “sector perform” rating and issued a $6.00 price objective on shares of Clarivate in a research note on Thursday, February 20th.

Clarivate Company Profile

Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications.