ClearSign Technologies (CLIR) Projected to Post Quarterly Earnings on Wednesday

ClearSign Technologies (NASDAQ:CLIR) will likely be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 21st. Analysts expect ClearSign Technologies to post earnings of ($0.03) per share and revenue of $0.57 million for the quarter.

ClearSign Technologies (NASDAQ:CLIR) last issued its quarterly earnings results on Wednesday, April 2nd. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. ClearSign Technologies had a negative return on equity of 50.44% and a negative net margin of 118.93%. The company had revenue of $0.60 million for the quarter, compared to analyst estimates of $1.55 million. On average, analysts expect ClearSign Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ClearSign Technologies Stock Performance

Shares of CLIR opened at $0.74 on Monday. ClearSign Technologies has a 52-week low of $0.46 and a 52-week high of $1.72. The business’s fifty day moving average is $0.64 and its 200-day moving average is $0.92. The firm has a market cap of $38.69 million, a price-to-earnings ratio of -6.71 and a beta of 1.16.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CLIR. StockNews.com began coverage on ClearSign Technologies in a research note on Tuesday, May 13th. They issued a “sell” rating on the stock. HC Wainwright cut their price objective on ClearSign Technologies from $6.00 to $2.00 and set a “buy” rating on the stock in a report on Thursday, April 17th.

ClearSign Technologies Company Profile

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.