Recap: Clearfield Q3 Earnings

Clearfield CLFD reported its Q3 earnings results on Thursday, July 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Clearfield beat estimated earnings by 39.39%, reporting an EPS of $0.92 versus an estimate of $0.66.

Revenue was up $32.52 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 0.5% increase in the share price the next day.

Here's a look at Clearfield's past performance:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.50 0.44 0.39 0.30
EPS Actual 0.66 0.75 0.53 0.44
Revenue Estimate 44.10M 41.27M 38.25M 32.10M
Revenue Actual 53.49M 51.11M 45.24M 38.73M

To track all earnings releases for Clearfield visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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