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Clear Secure (NYSE:YOU) Posts Quarterly Earnings Results, Beats Estimates By $0.59 EPS


Clear Secure (NYSE:YOU) Posts Quarterly  Earnings Results, Beats Estimates By $0.59 EPS

Clear Secure (NYSE:YOU - Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.59, Zacks reports. Clear Secure had a net margin of 10.93% and a return on equity of 48.28%. Clear Secure updated its Q1 2025 guidance to EPS.

Shares of YOU traded down $1.61 during mid-day trading on Wednesday, hitting $22.16. The company's stock had a trading volume of 1,104,228 shares, compared to its average volume of 1,750,068. The firm has a market capitalization of $3.09 billion, a price-to-earnings ratio of 25.63 and a beta of 1.38. The company's 50-day moving average is $25.03 and its 200-day moving average is $28.52. Clear Secure has a 52-week low of $16.05 and a 52-week high of $38.88.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Monday, March 10th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.26%. Clear Secure's payout ratio is currently 58.14%.

Several analysts recently issued reports on the company. Wedbush reissued a "neutral" rating and set a $26.00 target price (up previously from $24.00) on shares of Clear Secure in a research note on Thursday, November 7th. Telsey Advisory Group reissued an "outperform" rating and set a $42.00 price objective on shares of Clear Secure in a research note on Friday, February 21st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $45.00 price objective on shares of Clear Secure in a research report on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, Clear Secure presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.20.

View Our Latest Report on Clear Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.

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