Clearfield, Inc. (NASDAQ:CLFD) is expected to report third quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.07 per share from revenue of $ 22.10 million.
Looking ahead, the full year income are expected at $ 0.27 per share on the revenues of $ 85.39 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 92.00 million ~ $ 95.00 million
Click Here For More Historical Outlooks Of Clearfield, Inc.
Previous Quarter Performance
Clearfield, Inc. unwinded income for the second quarter of $ 0.05 per share, from the revenue of $ 20.41 million. The quarterly earnings raised 150.00 percent compared with the same quarter last year. Street analysts expected Clearfield, Inc. to report income of $ 0.03 per share on revenue of $ 21.50 million for the second quarter. The bottom line results beat street analysts by $ 0.02 or 66.67 percent, at the same time, top line results fell short of analysts by $ 1.09 million or 5.07 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Clearfield, Inc.
Stock Performance
According to the previous trading day, closing price of CLFD was $ 13.73, representing a 65.02 % increase from the 52 week low of $ 8.32 and a 7.85 % decrease over the 52 week high of $ 14.90.
The company has a market capital of $ 187.11 million and is part of the Technology sector and Communication Equipment industry.
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Conference Call
Clearfield, Inc. will be hosting a conference call at 5:00 PM eastern time on 23rd July 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.seeclearfield.com
Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures.
