Clearfield (NASDAQ:CLFD – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.350–0.280 for the period, compared to the consensus earnings per share estimate of -0.230. The company issued revenue guidance of $33.0 million-$38.0 million, compared to the consensus revenue estimate of $38.2 million. Clearfield also updated its FY 2025 guidance to EPS.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Roth Mkm decreased their target price on Clearfield from $47.00 to $45.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price objective on shares of Clearfield in a report on Friday. Northland Securities lifted their target price on shares of Clearfield from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Lake Street Capital upgraded shares of Clearfield from a “hold” rating to a “buy” rating and upped their price target for the company from $31.00 to $47.00 in a report on Friday, August 2nd. Finally, StockNews.com raised Clearfield from a “sell” rating to a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.75.
View Our Latest Research Report on CLFD
Clearfield Stock Performance
Clearfield (NASDAQ:CLFD – Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.13. Clearfield had a negative net margin of 5.26% and a negative return on equity of 3.06%. The company had revenue of $46.80 million for the quarter, compared to analyst estimates of $41.95 million. During the same period last year, the business posted $0.17 EPS. The business’s quarterly revenue was down 5.8% on a year-over-year basis. As a group, equities analysts predict that Clearfield will post -0.98 EPS for the current fiscal year.
Clearfield Company Profile
Clearfield, Inc manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products.
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