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Clearfield's Earnings Outlook

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Clearfield (NASDAQ:CLFD) unveils its next round of earnings this Thursday, January 28. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect Clearfield's EPS to be near $0.13 on sales of $24.75 million. In the same quarter last year, Clearfield announced EPS of $0.04 on revenue of $19.38 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

View more earnings on CLFD

The Wall Street estimate would represent a 225.0% increase in the company's earnings. Revenue would be up 27.72% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

EPS Estimate

0.18

0.07

0.03

0.05

EPS Actual

0.22

0.22

0.05

0.04

Revenue Estimate

26.00 M

22.10 M

21.50 M

21.37 M

Revenue Actual

27.32 M

25.97 M

20.41 M

19.38 M

Stock Performance

Shares of Clearfield were trading at $34.78 as of January 26. Over the last 52-week period, shares are up 145.62%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Clearfield is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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