Claritev Corp reports results for the quarter ended June 30 - Earnings Summary

Reuters
08/06
Claritev Corp reports results for the quarter ended June 30 - Earnings Summary
  • Claritev Corp CTEV.N reported a quarterly adjusted loss of $3.81​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-35.60. The mean expectation of two analysts for the quarter was for a loss of $3.83 per share. Wall Street expected results to range from $-4.98 to $-2.69 per share.

  • Revenue rose 3.5% to $241.57 million from a year ago; analysts expected $231.04 million.

  • Claritev Corp shares had fallen by 12.4% this quarter and gained 167.4% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 26.8% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

  • Wall Street's median 12-month price target for Claritev Corp is $44.00, about 10.2% above its last closing price of $39.52

This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2025

-3.83

-3.81

Beat

Mar. 31 2025

-3.09

-3.90

Missed

Dec. 31 2024

-9.81

-8.54

Beat

Sep. 30 2024

-13.70

-24.25

Missed

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