Clearfield Inc expected to post earnings of 30 cents a share - Earnings Preview

Clearfield

20/07/2021 21:42

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a rise
in quarterly revenue when it reports results on July 22. 
* The Brooklyn Park, Minnesota-based company is expected to
report   a 23.6% increase in revenue to $32.1 million from
$25.97 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 30 cents per share. For the same quarter last year,
the company reported earnings of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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 $38​, about 11.1% above​ its last closing price
of $33.79. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.17        0.17       0.27      Beat    58.8
 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.          0.02​       0.04       0.05      Beat    42.9​
 31​ 2020​                                              
 Dec. 31 2019  0.05        0.05       0.04      Missed  -20​
 Sep. 30 2019  0.09        0.10       0.14      Beat    40
 Jun. 30 2019  0.09        0.09       0.10      Beat    17.6
 This summary was machine generated July 20 at 20:41 GMT.  All
figures in US dollars unless otherwise stated