Clarivate PLC (CLVT) Q4 Earnings and Revenues Top Estimates

Core Viewpoint - Clarivate PLC (CLVT) reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of$ 0.20 per share, but down from $0.23 per share a year ago, indicating a 5% earnings surprise [1][2] Financial Performance - The company posted revenues of$ 663 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.75%, but down from $683.7 million year-over-year [2] - Over the last four quarters, Clarivate has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Clarivate shares have declined approximately 3.5% since the beginning of the year, contrasting with the S&P 500's gain of 4% [3] - The stock's immediate price movement will largely depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 0.13 on revenues of $603.35 million, and for the current fiscal year, it is$ 0.72 on revenues of $2.51 billion [7] - The estimate revisions trend for Clarivate is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The Computers - IT Services industry, to which Clarivate belongs, is currently ranked in the top 24% of over 250 Zacks industries, indicating a positive outlook for the sector [8]