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

Clearfield

28/04/2022 22:39

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted
earnings of
66 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 50 cents per share.
    * Revenue rose 80.2% to $53.50 million from a year ago; 
analysts
expected $44.10 million. 
    * Clearfield Inc's reported EPS for the quarter was 66
cents​.
    * The mean earnings estimate of analysts had risen by
about 21.5%
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 16.5% this quarter and
lost 35.5% so far this year.
    * The company reported quarterly net income of $9.24
million.
    * Wall Street's median 12-month price target for Clearfield
Inc is
$75.00 
    * 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 April 28 at 09:39 p.m.  ​All
figures in US dollars unless otherwise stated