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

Clearfield

17/11/2022 22:01

* Clearfield Inc  CLFD.OQ  reported quarterly adjusted
earnings of
$1.22​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
86 cents per share.
    * Revenue rose 110.1% to $95.03 million from a year ago;
analysts
expected $71.42 million. 
    * Clearfield Inc's reported EPS for the quarter was $1.22​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
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 11.6% this quarter and
gained 9.5% so far this year.
    * The company reported quarterly net income of $16.99
million.
    * Wall Street's median 12-month price target for Clearfield
Inc is
$115.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
17 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.86           1.22           Beat
 Jun. 30 2022      0.66           0.92           Beat
 Mar. 31 2022      0.50           0.66           Beat
 Dec. 31 2021      0.44           0.75           Beat