Clearfield (CLFD) Reports Q4 Loss, Tops Revenue Estimates
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Clearfield (CLFD) reported a Q4 loss of $0.06 per share, which was better than the Zacks Consensus Estimate of a $0.19 loss. This is a decrease from the $0.17 earnings per share reported a year ago.
November 08, 2024 | 2:00 am
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Clearfield reported a Q4 loss of $0.06 per share, better than the expected $0.19 loss, but down from $0.17 EPS last year.
Clearfield's reported loss was smaller than expected, which is a positive surprise for investors. However, the year-over-year decline in earnings per share may temper enthusiasm. Overall, the better-than-expected results are likely to have a positive short-term impact on the stock price.
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