Clearfield Inc reports results for the quarter ended December 31 - Earnings Summary

Clearfield

06/02/2025 22:01

* Clearfield Inc  CLFD.OQ  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -35 cents.  The mean expectation of
four analysts for the quarter was for a loss of 31 cents per
share. Wall Street expected results to range from -32 cents
to -29 cents per share.
    * Revenue rose 3.6% to $35.48 million from a year ago;
analysts
expected $35.78 million. 
    * Clearfield Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $1.91 million.
    * Clearfield Inc shares had risen by 19.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 30.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is also "buy"

Wall Street's median 12-month price target for Clearfield Inc is
$45.00 
This summary was machine generated from LSEG data February 6 at
10:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.31          -0.13          Beat
 Sep. 30 2024      -0.19          -0.06          Beat
 Jun. 30 2024      -0.34          -0.04          Beat
 Mar. 31 2024      -0.52          -0.40          Beat