Clearfield Inc expected to post earnings of 9  cents a share - Earnings Preview

Clearfield

02/08/2023 03:04

* Clearfield Inc  CLFD.OQ   CLFD.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 3. 
    * The Plymouth Minnesota-based  company is expected to
report  a
24.7% decrease in revenue to $53.72 million from $71.3 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clearfield Inc is
for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$52.5​, above​ its last closing price of $45.94. ​​​

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 2023  0.57        0.65       0.67      Beat    3.1
 Dec. 31 2023  0.96        0.96       1.00      Beat    3.9
 Sep. 30 2022  0.86        0.86       1.22      Beat    41.4​
 Jun. 30 2022  0.66        0.66       0.92      Beat    40
 ​​Mar.        0.51        0.50       0.66      Beat    31.1
 31 2022                                                
 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
 This summary was machine generated August 2 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated