Clearfield Inc expected to post earnings of 66  cents a share - Earnings Preview

Clearfield

27/07/2022 01:50

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a
rise in
quarterly revenue when it reports  results on July 28. 
    * The Plymouth Minnesota-based  company is expected to
report  a
40.9% increase in revenue to $54.567 million from $38.74 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 66 cents per share. For the same quarter last year,
the company reported earnings of 44 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
$78​, below​ its last closing price of $79.55. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.51        0.50       0.66      Beat    31.1
 Dec. 31 2022  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.        0.17        0.17       0.27      Beat    58.8
 31 2021                                                
 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
 This summary was machine generated July 27 at 00:50 GMT.  All
figures in US dollars  unless otherwise stated