Clearfield Inc expected to post earnings of 40 cents a share - Earnings Preview

Clearfield

29/10/2021 18:00

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a rise
in quarterly revenue when it reports results on November 4. 
* The Brooklyn Park, Minnesota-based company is expected to
report  a 40.0% increase in revenue to $38.25 million from
$27.32 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 40 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 $49​, about 16.5% below​ its last closing price
of $57.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.30        0.30       0.44      Beat    46.7
 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.          0.08​       0.08       0.22      Beat    193.3​
 30​ 2020​                                              
 Mar. 31 2020  0.02        0.04       0.05      Beat    42.9​
 Dec. 31 2019  0.05        0.05       0.04      Missed  -20
 Sep. 30 2019  0.09        0.10       0.14      Beat    40
 This summary was machine generated October 29 at 17:00 GMT.  All
figures in US dollars unless otherwise stated