Clearfield (CLFD) Projected to Post Earnings on Wednesday

Clearfield (NASDAQ:CLFDGet Free Report) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Clearfield 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. Parties may review the information on the company’s upcoming Q3 2026 earning overview 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 posted its quarterly earnings data on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The firm had revenue of $34.39 million for the quarter, compared to the consensus estimate of $33.58 million. Clearfield had a positive return on equity of 1.03% and a negative net margin of 5.41%. On average, analysts expect Clearfield to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Clearfield Stock Performance

NASDAQ CLFD opened at $30.26 on Monday. The stock has a market capitalization of $411.23 million, a P/E ratio of -48.81 and a beta of 2.12. Clearfield has a 52 week low of $23.76 and a 52 week high of $52.73. The stock has a fifty day moving average of $37.40 and a 200-day moving average of $33.65.

Insider Buying and Selling at Clearfield

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

Hedge Funds Weigh In On Clearfield

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quarry LP acquired a new stake in Clearfield during the 3rd quarter worth $42,000. Los Angeles Capital Management LLC acquired a new position in Clearfield in the fourth quarter valued at about $63,000. Tower Research Capital LLC TRC increased its holdings in shares of Clearfield by 116.3% in the second quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after acquiring an additional 1,012 shares in the last quarter. Strs Ohio bought a new stake in shares of Clearfield in the first quarter worth about $131,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Clearfield by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,222 shares of the communications equipment provider’s stock worth $215,000 after purchasing an additional 312 shares during the period. 88.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CLFD shares. Roth Capital reiterated a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a research report on Monday, May 4th. Weiss Ratings lowered shares of Clearfield from a “hold (c-)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.75.

Get Our Latest Analysis on CLFD

About Clearfield

(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.

Further Reading

Earnings History for Clearfield (NASDAQ:CLFD)

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