* Clearfield Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024
* The Plymouth Minnesota-based company is expected to report a 15.6% decrease in revenue to $41.95 million from $49.69 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on August 1 2024, for the period ended September 30, was for revenue between $40.00 million and $43.00 million.
* LSEG's mean analyst estimate for Clearfield Inc is for a loss of 19 cents per share. The company's EPS guidance on August 1 2024, for the period ended September 30, was between $-0.22 and $-0.17
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Clearfield Inc is $46.00, above its last closing price of $36.27.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.34 -0.34 -0.04 Beat 88.4
Mar. 31 2024 -0.52 -0.52 -0.40 Beat 23.4
Dec. 31 2023 -0.42 -0.42 -0.35 Beat 15.9
Jan. 1 0001 0.09 0.10 0.17 Beat 73.5
Jun. 0.09 0.09 0.33 Beat 258.7
30 2023
Mar. 31 2023 0.57 0.65 0.67 Beat 3.1
Dec. 31 2022 0.96 0.96 1.00 Beat 3.9
Sep. 30 2022 0.86 0.86 1.22 Beat 41.4
This summary was machine generated November 6 at 05:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Comments