Clearfield Sees Q1 Net Sales $28M-$32M vs $48.13M Est.
Portfolio Pulse from Benzinga Newsdesk
Clearfield Inc. has projected its Q1 net sales to be between $28M and $32M, which is significantly lower than the estimated $48.13M.
November 09, 2023 | 9:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Clearfield's projected Q1 net sales are lower than estimated, which could negatively impact its stock price.
Clearfield's projected Q1 net sales are significantly lower than the estimated $48.13M. This shortfall could lead to a negative market reaction, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100