Clearfield Inc expected to post earnings of 50  cents a share - Earnings Preview

Clearfield

27/04/2022 03:04

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a
rise in
quarterly revenue when it reports  results on April 28. 
    * The Brooklyn Park Minnesota-based  company is expected to
report
 a 48.5% increase in revenue to $44.1 million from $29.69
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 50 cents per share. For the same quarter last year,
the company reported earnings of 27 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 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
$75​, above​ its last closing price of $53.59. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.44        0.44       0.75      Beat    70.6
 Sep. 30 2021  0.40        0.40       0.53      Beat    34.2
 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.        0.13        0.13       0.23      Beat    76.9
 31 2020                                                
 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
 This summary was machine generated April 27 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated