Clearfield (NASDAQ: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.
