Clarivate PLC Ordinary Shares
CLVT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!Z | LOCK|tC | LOCK|?>g |
Clarivate Earnings: From Bad to Worse; Slashing Fair Value Estimate by 30%
A modest improvement this fiscal year was abruptly halted in the third quarter. Organic revenue growth declined 2.6%, revenue and EBITDA missed FactSet consensus, and fiscal 2024 guidance was removed. The shares fell 28%.
