Clearfield: Q1 Earnings Insights

Clearfield CLFD reported its Q1 earnings results on Thursday, January 27, 2022 at 04:00 PM.

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

Clearfield beat estimated earnings by 70.45%, reporting an EPS of $0.75 versus an estimate of $0.44, which surprised analysts.

Revenue was up $24.02 million from the same period last year.

Last quarter the company beat on EPS by $0.14, which was followed by a 3.78% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.39	0.30	0.17	0.13
EPS Actual	0.53	0.44	0.27	0.23
Revenue Estimate	38.25M	32.10M	25.80M	24.75M
Revenue Actual	45.24M	38.73M	29.69M	27.09M

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

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