Clearfield Inc expected to post earnings of 17  cents a share - Earnings Preview

Clearfield

20/04/2021 13:30

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a rise
in quarterly revenue when it reports results on April 22.
* The Brooklyn Park, Minnesota-based company is expected to
report  a 26.4% increase in revenue to $25.8 million from $20.41
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Clearfield Inc is for
earnings of 17 cents per share. For the same quarter last year,
the company reported earnings of 5 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 $33.5​, about 11.3% above​ its last closing price
of $29.72. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.13        0.13       0.23      Beat    76.9
 Sep. 30 2020  0.18        0.19       0.22      Beat    18.9
 Jun. 30 2020  0.08        0.08       0.22      Beat    193.3​
 Mar. 31 2020  0.02        0.04       0.05      Beat    42.9
 Dec.          0.05​       0.05       0.04      Missed  -20​
 31​ 2019​                                              
 Sep. 30 2019  0.09        0.10       0.14      Beat    40​
 Jun. 30 2019  0.09        0.09       0.10      Beat    17.6
 Mar. 31 2019  0.03        0.04       0.02      Missed  -42.9
 This summary was machine generated April 20 at 12:30 GMT