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

Clearfield

28/07/2022 22:02

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted
earnings of
92 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue rose 84.1% to $71.30 million from a year ago;
analysts
expected $54.57 million. 
    * Clearfield Inc's reported EPS for the quarter was 92
cents​.
    * The mean earnings estimate of analysts had risen by
about 41.9%
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 risen by 35.9% this quarter and
lost 0.3% so far this year.
    * The company reported quarterly net income of $12.75
million.
    * Wall Street's median 12-month price target for Clearfield
Inc is
$78.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.66           0.92           Beat
 Mar. 31 2022      0.50           0.66           Beat
 Dec. 31 2021      0.44           0.75           Beat
 Sep. 30 2021      0.40           0.53           Beat