Clearfield (CLFD) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - Clearfield (CLFD) reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, compared to a loss of $0.04 per share a year ago, representing an earnings surprise of +120.00% [1] - The company achieved revenues of $49.9 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.84% and showing an increase from $48.79 million year-over-year [2] - Clearfield has outperformed the S&P 500, with shares increasing approximately 41.7% since the beginning of the year, compared to the S&P 500's gain of 7.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $53.4 million, and for the current fiscal year, it is $0.19 on revenues of $183.65 million [7] - The estimate revisions trend for Clearfield was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Wireless Equipment industry, to which Clearfield belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, AST SpaceMobile, Inc. (ASTS), is expected to report a quarterly loss of $0.19 per share, with revenues projected to be $5.15 million, reflecting a significant year-over-year increase of 472.2% [9]