Clarivate Plc's stock surged 5.95% during pre-market trading on Tuesday, following the release of its fourth-quarter financial results.

The information and analytics provider reported quarterly adjusted earnings of $0.20 per share, surpassing the analyst consensus estimate of $0.17 by 20.48%. The company also posted quarterly sales of $617.000 million, exceeding the $604.836 million estimate by 2.01%.

While both metrics represent a decrease compared to the same period last year, the significant beat on expectations appears to have driven positive investor sentiment ahead of the regular trading session.