Recap: Third Quarter Clearfield Revenue

Clearfield CLFD released its third quarter results on Thursday, July 28, 2022 at 4:00 p.m.

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

Earnings

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

Revenue increased by $32.52 million over the same period last year.

Past Earnings Performance

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

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

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

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

To follow 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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