Clearfield (NASDAQ:CLFD – Get Free Report) updated 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.
Clearfield Trading Down 7.1 %
CLFD stock traded down $2.60 during trading on Friday, hitting $34.20. The company had a trading volume of 460,383 shares, compared to its average volume of 91,198. The stock has a market cap of $487.01 million, a PE ratio of -55.16 and a beta of 1.35. The business has a 50-day moving average of $37.49 and a 200-day moving average of $37.70. The company has a current ratio of 8.38, a quick ratio of 5.73 and a debt-to-equity ratio of 0.01. Clearfield has a one year low of $23.45 and a one year high of $44.83.
Clearfield (NASDAQ:CLFD – Get Free Report) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $46.80 million during the quarter, compared to the consensus estimate of $41.95 million. During the same quarter last year, the firm earned $0.17 earnings per share. Clearfield’s quarterly revenue was down 5.8% on a year-over-year basis. Research analysts predict that Clearfield will post -0.98 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Clearfield
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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