Clearfield (CLFD) Expected to Post Quarterly Earnings on Wednesday

Clearfield (NASDAQ:CLFDGet Free Report) will likely be announcing its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.1925 per share and revenue of $43.9250 million for the quarter. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Clearfield (NASDAQ:CLFDGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). Clearfield had a positive return on equity of 1.03% and a negative net margin of 5.41%.The business had revenue of $34.39 million for the quarter, compared to analyst estimates of $33.58 million. On average, analysts expect Clearfield to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Clearfield Trading Up 6.1%

CLFD stock opened at $32.11 on Tuesday. The stock’s fifty day simple moving average is $37.17 and its two-hundred day simple moving average is $33.65. Clearfield has a 1-year low of $23.76 and a 1-year high of $52.73. The stock has a market cap of $436.37 million, a P/E ratio of -51.79 and a beta of 2.12.

Insider Buying and Selling at Clearfield

In other Clearfield news, Director Walter Louis Jones, Jr. sold 2,391 shares of Clearfield stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $46.05, for a total transaction of $110,105.55. Following the completion of the transaction, the director owned 8,682 shares of the company’s stock, valued at $399,806.10. The trade was a 21.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Anis Khemakhem sold 1,684 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $39.90, for a total transaction of $67,191.60. Following the completion of the transaction, the insider owned 25,126 shares of the company’s stock, valued at $1,002,527.40. This trade represents a 6.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 17.80% of the company’s stock.

Institutional Investors Weigh In On Clearfield

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State of Wisconsin Investment Board raised its holdings in shares of Clearfield by 19.2% in the 4th quarter. State of Wisconsin Investment Board now owns 8,502 shares of the communications equipment provider’s stock valued at $248,000 after acquiring an additional 1,367 shares in the last quarter. Campbell & CO Investment Adviser LLC grew its holdings in shares of Clearfield by 29.6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 11,940 shares of the communications equipment provider’s stock worth $348,000 after purchasing an additional 2,725 shares in the last quarter. Inceptionr LLC bought a new position in shares of Clearfield in the fourth quarter worth approximately $294,000. Deutsche Bank AG increased its position in shares of Clearfield by 5.3% in the fourth quarter. Deutsche Bank AG now owns 8,825 shares of the communications equipment provider’s stock worth $257,000 after purchasing an additional 442 shares during the last quarter. Finally, PharVision Advisers LLC bought a new position in shares of Clearfield in the third quarter worth approximately $244,000. Hedge funds and other institutional investors own 88.73% of the company’s stock.

Analyst Ratings Changes

CLFD has been the topic of a number of recent analyst reports. Weiss Ratings cut Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. Roth Capital restated a “buy” rating and set a $44.00 price objective on shares of Clearfield in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.75.

View Our Latest Research Report on Clearfield

Clearfield Company Profile

(Get Free Report)

Clearfield, Inc (NASDAQ: CLFD) is a Minneapolis-based company specializing in fiber management products for broadband network deployments. The company’s core offerings include fiber distribution hubs, enclosures, splice trays, patching panels and connectivity accessories designed to simplify installation and maintenance of fiber-optic networks. Clearfield’s modular FieldSmart™ platform provides a scalable approach for service providers, utilities and enterprise organizations looking to expand or upgrade their fiber infrastructure.

Clearfield serves a diverse customer base that includes cable and internet service providers, telecommunications operators, wireless carriers, utilities and municipalities.

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Earnings History for Clearfield (NASDAQ:CLFD)

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