Clearfield (NASDAQ: CLFD) releases its
next round of earnings Thursday. Here's Benzinga's essential guide to Clearfield's Q2 earnings report.
Earnings and Revenue
Analysts covering Clearfield modeled for quarterly EPS of 1 cent per share on revenue of $17.6 million.
In the same quarter last year, Clearfield posted a profit of 7 cents on sales of $17 million. If the company were to match the
consensus estimate, earnings would be down 85.71 percent. Revenue would be down 0.01 percent on a year-over-year basis.
Clearfield's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter |
Q1 2018 |
Q4 2017 |
Q3 2017 |
Q2 2017 |
| EPS Estimate |
0.07 |
0.07 |
0.08 |
0.1 |
| EPS Actual |
0.07 |
0.09 |
0.06 |
0.07 |
Stock Performance
Over the past 52-week period, shares of Clearfield have declined 17.08 percent. Analyst estimates are adjusted lower for EPS and
revenues over the past 90 days. The most common rating by analysts on Clearfield stock is a Buy. The strength of this rating has
maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Clearfield's Q2 conference call is
scheduled to begin at 5:00 p.m. ET and can be accessed
here.
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