Clearfield Inc <CLFD.OQ> expected to post a loss of 31 cents a share - Earnings Preview

• Clearfield Inc CLFD.OQ CLFD.O is expected to show a rise in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

• The Plymouth Minnesota-based company is expected to report a 4.5% increase in revenue to $35.775 million from $34.23 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $33.00 million and $38.00 million.

• ​LSEG's mean analyst estimate for Clearfield Inc is for a loss of 31 cents per share. The company's EPS guidance on November 7 2024, for the period ended December 31, was between $-0.35 and $-0.28

• 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 $45.00​, above​ its last closing price of $34.81. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 4 at 21:22 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)