Clear Secure (NYSE:YOU) Announces Quarterly Earnings Results, Beats Expectations 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, beating analysts' consensus estimates of $0.28 by $0.59, Zacks reports. The business had revenue of $206.27 million for the quarter, compared to analysts' expectations of $202.21 million. Clear Secure had a return on equity of 48.28% and a net margin of 10.93%. Clear Secure updated its Q1 2025 guidance to EPS.

Clear Secure Stock Up 5.1 %

Shares of YOU traded up $1.15 during trading hours on Friday, hitting $23.70. 3,477,542 shares of the company were exchanged, compared to its average volume of 1,986,250. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 27.56 and a beta of 1.38. Clear Secure has a fifty-two week low of $16.05 and a fifty-two week high of $38.88. The firm's fifty day moving average is $24.84 and its 200 day moving average is $28.43.

Clear Secure Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Monday, March 10th. Clear Secure's dividend payout ratio (DPR) is currently 58.14%.

Analysts Set New Price Targets

Several research analysts have weighed in on YOU shares. Wedbush reiterated a "neutral" rating and set a $26.00 price objective (up previously from $24.00) on shares of Clear Secure in a research report on Thursday, November 7th. Stifel Nicolaus lowered their price objective on Clear Secure from $32.00 to $26.00 and set a "hold" rating on the stock in a research report on Thursday. Telsey Advisory Group reiterated an "outperform" rating and set a $42.00 price objective on shares of Clear Secure in a research report on Thursday. Finally, Needham & Company LLC reiterated a "buy" rating and set a $45.00 price objective on shares of Clear Secure in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Clear Secure has an average rating of "Moderate Buy" and a consensus price target of $34.00.

About 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.