Clearfield (NASDAQ:CLFD) Releases Q3 2026 Earnings Guidance
by Scott Moore · The Cerbat GemClearfield (NASDAQ:CLFD – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.170-0.210 for the period, compared to the consensus estimate of 0.230. The company issued revenue guidance of $42.0 million-$46.0 million, compared to the consensus revenue estimate of $43.7 million. Clearfield also updated its FY 2026 guidance to EPS.
Clearfield Trading Up 1.2%
Shares of CLFD traded up $0.35 on Wednesday, reaching $30.16. The company’s stock had a trading volume of 132,790 shares, compared to its average volume of 175,926. Clearfield has a twelve month low of $23.76 and a twelve month high of $46.76. The stock has a market capitalization of $412.82 million, a PE ratio of -61.54 and a beta of 1.90. The firm has a fifty day moving average of $29.09 and a 200-day moving average of $30.43.
Clearfield (NASDAQ:CLFD – Get Free Report) last posted its earnings results on Wednesday, May 6th. The communications equipment provider reported ($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.04). Clearfield had a negative net margin of 3.93% and a positive return on equity of 1.72%. The company had revenue of $34.39 million for the quarter, compared to analyst estimates of $33.58 million. Clearfield has set its Q3 2026 guidance at 0.170-0.210 EPS. As a group, equities analysts anticipate that Clearfield will post 0.49 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on CLFD shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Clearfield in a research note on Monday, April 20th. Zacks Research lowered shares of Clearfield from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Roth Mkm reiterated a “buy” rating and issued a $44.00 price objective on shares of Clearfield in a research note on Monday. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $43.75.
Read Our Latest Analysis on Clearfield
Insider Transactions at Clearfield
In related news, Director Donald R. Hayward sold 3,595 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $32.00, for a total transaction of $115,040.00. Following the completion of the sale, the director owned 10,870 shares in the company, valued at approximately $347,840. This trade represents a 24.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 17.80% of the company’s stock.
More Clearfield News
Here are the key news stories impacting Clearfield this week:
- Positive Sentiment: Order backlog and guidance support revenue growth — Clearfield reported Q2 net sales of $34.4M (toward the top of its guidance range) and said order backlog increased 39% vs. Dec. 31, 2025 to $31.6M; the company reiterated full‑year fiscal 2026 sales guidance of $160M–$170M (≈10% growth at midpoint). Clearfield Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Share repurchases remain active — Clearfield repurchased $7.3M of stock in the quarter and has about $15.9M of buyback authorization remaining, which supports capital return and EPS accretion potential. Clearfield Reports Second Quarter Fiscal 2026 Results
- Positive Sentiment: Product expansion could support addressable market — Clearfield expanded its Craftsmart® FiberFirst™ pedestal lineup with new 8‑ and 10‑inch models, a product move that may help capture more fiber-connectivity projects. Clearfield Expands Craftsmart® Portfolio
- Neutral Sentiment: Q2 results largely in line — The company reported EPS of ($0.04), matching consensus, and revenue of $34.39M which topped estimates (~$33.6M). Revenue strength offsets the EPS miss for some investors, leaving the print broadly neutral. Clearfield (CLFD) Reports Q2 Loss, Tops Revenue Estimates
- Neutral Sentiment: Media and analyst commentary mixed — Recent writeups (Stamford Advocate snapshot and a CanTechLetter opinion piece asking whether to sell) reflect debate over near‑term profitability vs. longer‑term revenue traction. Clearfield: Fiscal Q2 Earnings Snapshot Should you sell your Clearfield stock?
- Negative Sentiment: Near-term EPS guidance below Street — Clearfield set Q3 FY2026 EPS guidance of $0.170–$0.210, below the consensus ~ $0.23, which pressures short‑term expectations despite revenue guidance of $42M–$46M. That guidance cut/downshift is the main negative catalyst. Clearfield Reports Second Quarter Fiscal 2026 Results
- Negative Sentiment: EPS decline year-over-year — Q2 EPS swung to a $0.04 loss from $0.09 a year ago, and the company still shows a negative net margin, which keeps profitability concerns front-and-center for some investors. Clearfield (CLFD) Reports Q2 Loss, Tops Revenue Estimates
Institutional Investors Weigh In On Clearfield
Several large investors have recently modified their holdings of CLFD. Quarry LP purchased a new stake in shares of Clearfield during the 3rd quarter worth approximately $42,000. Los Angeles Capital Management LLC purchased a new stake in shares of Clearfield during the 4th quarter worth approximately $63,000. Tower Research Capital LLC TRC increased its stake in shares of Clearfield by 116.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,882 shares of the communications equipment provider’s stock worth $82,000 after purchasing an additional 1,012 shares during the last quarter. Strs Ohio purchased a new stake in shares of Clearfield during the 1st quarter worth approximately $131,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Clearfield by 4.5% during the 1st 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 last quarter. Hedge funds and other institutional investors own 88.73% of the company’s stock.
Clearfield Company Profile
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.