Claritev Corp reports results for the quarter ended December 31 - Earnings Summary

• Claritev Corp MPLN.N reported a quarterly adjusted loss of $8.54​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-2.00. The mean expectation of three analysts for the quarter was for a loss of $9.81 per share. Wall Street expected results to range from $-23.93 to $-2.33 per share.

• Revenue fell 4.9% to $232.15 million from a year ago; analysts expected $234.36 million.

• Claritev Corp shares had risen by 97.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for Claritev Corp is $10.00

This summary was machine generated from LSEG data February 25 at 02:31 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)