Clearfield Inc expected to post earnings of 44 cents a share - Earnings Preview

Clearfield

25/01/2022 21:03

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a
rise in
quarterly revenue when it reports  results on January 27. 
    * The Brooklyn Park Minnesota-based  company is expected to
report
 a 52.3% increase in revenue to $41.267 million from $27.09
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clearfield Inc is
for
earnings of 44 cents per share. For the same quarter last year,
the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "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
$74​, about 33.7% above​ its last closing price of $49.08. ​​​
    * 

This summary was machine generated January 25 at 21:03 GMT.  All
figures in US dollars  unless otherwise stated