Picture of Clearfield logo

CLFD — Clearfield News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousSmall CapNeutral

Clearfield Inc expected to post a loss of 31 cents a share - Earnings Preview

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 6 for the
period ending December 31 2024
    * The Plymouth Minnesota-based  company is expected to
report a
4.5% increase in revenue to $35.775 million from $34.23 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on November 7 2024,
for the period ended December 31, was for revenue between $33.00
million and $38.00 million.
    * ​LSEG's mean analyst estimate for Clearfield Inc is for a
loss
of 31 cents per share. The company's EPS guidance on November 7
2024, for the period ended December 31, was between $-0.35 and
$-0.28 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clearfield
Inc is
$45.00​, above​ its last closing price of $34.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.19       -0.19      -0.06     Beat    68.4
 Jun. 30 2024  -0.34       -0.34      -0.04     Beat    88.4
 Mar. 31 2024  -0.52       -0.52      -0.40     Beat    23.4​
 Dec. 31 2023  -0.42       -0.42      -0.35     Beat    15.9
 ​​Sep.        0.09        0.10       0.17      Beat    73.5
 30 2023                                                
 Jun. 30 2023  0.09        0.09       0.33      Beat    258.7​
 Mar. 31 2023  0.57        0.65       0.67      Beat    3.1
 Dec. 31 2022  0.96        0.96       1.00      Beat    3.9
 This summary was machine generated February 4 at 21:22 GMT.  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)

Recent news on Clearfield

See all news