Clear Secure shares rose 1.56% to $56.03, outpacing the S&P 500's 1.18% gain. The airport security company has declined 0.5% over the past month, outperforming the Computer and Technology sector's 5.33% loss and the S&P 500's 2.9% drop. Analysts expect Clear Secure to report earnings per share of $0.43, up 65.38% from the prior-year quarter, on revenue of $270.16 million, a 23.1% increase. For the full fiscal year, the Zacks Consensus Estimates project earnings of $1.78 per share and revenue of $1.1 billion, representing year-over-year growth of 58.93% and 22.04%, respectively. The stock holds a Zacks Rank of 2, or Buy, with a forward price-to-earnings ratio of 30.99 compared to the Internet - Software industry average of 18.67.
Clear Secure IncZacks maintains Buy rating and consensus estimates show strong earnings and revenue growth.