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

Clearfield

22/04/2021 22:12

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted earnings
of 27 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
17 cents per share.
* Revenue rose 45.5% to $29.69 million from a year ago​; 
analysts expected $25.80 million.
* Clearfield Inc's reported EPS for the quarter was 27 cents​.
* The mean earnings estimate of analysts had risen by
about 88.9% 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 fallen by 1.2% this quarter and
gained 20.4% so far this year.
* The company reported quarterly net income of $3.64 million.
* Wall Street's median 12-month price target for Clearfield Inc
is $33.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 22 at 09:12 p.m. GMT.
​All figures in US Dollars.​