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

Clearfield

02/02/2023 23:17

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted
earnings of
$1.00​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
96 cents per share.
    * Revenue rose 68.2% to $85.94 million from a year ago;
analysts
expected $84.20 million. 
    * Clearfield Inc's reported EPS for the quarter was $1.00​.
    * The mean earnings estimate of analysts had risen by
about 14.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Clearfield Inc shares had fallen by 24.8% this quarter.
    * The company reported quarterly net income of $14.26
million.
    * Wall Street's median 12-month price target for Clearfield
Inc is
$135.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
2 at 11:17 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.96           1.00           Beat
 Sep. 30 2022      0.86           1.22           Beat
 Jun. 30 2022      0.66           0.92           Beat
 Mar. 31 2022      0.50           0.66           Beat