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

Clearfield

22/07/2021 22:01

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted earnings
of 44 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
30 cents per share.
* Revenue rose 49.2% to $38.74 million from a year ago; 
analysts expected $32.10 million. 
* Clearfield Inc's reported EPS for the quarter was 44 cents​.
* The mean earnings estimate of analysts had risen by
about 46.3% 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 1.9% this quarter and
gained 48.6% so far this year.
* The company reported quarterly net income of $6.1 million.
* Wall Street's median 12-month price target for Clearfield Inc
is $38.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 22 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated