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

Clearfield

04/11/2021 21:02

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted earnings
of 53 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 40 cents per share.
* Revenue rose 65.5% to $45.20 million from a year ago; 
analysts expected $38.25 million. 
* Clearfield Inc's reported EPS for the quarter was 53 cents​.
* The mean earnings estimate of analysts had risen by about 6.8%
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 35.7% this quarter and
gained 142.3% so far this year.
* The company reported quarterly net income of $7.4 million.
* Wall Street's median 12-month price target for Clearfield Inc
is $49.00 
* 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 November 4 at 09:02 p.m.
 ​All figures in US dollars unless otherwise stated