Calyxt Inc expected to post a loss of 14 cents a share - Earnings Preview

Cibus

02/11/2022 02:10

* Calyxt Inc  CLXT.OQ   CLXT.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 3. 
    * The Roseville Minnesota-based  company is expected to
report  a
96.5% decrease in revenue to $270 thousand from $7.76 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Calyxt Inc is for a
loss
of 14 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Calyxt Inc
is
$5.5​, above​ its last closing price of $0.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.13       -0.13      -0.05     Beat    63
 Mar. 31 2022  -0.16       -0.16      -0.14     Beat    12.5
 Dec. 31 2021  -0.41       -0.41      -0.19     Beat    53.7​
 Sep. 30 2021              -0.16      -0.24     Missed  -50
 ​​Jun.        -0.19       -0.19      -0.21     Missed  -10.5
 30 2021                                                
 Mar. 31 2021  -0.25       -0.25      -0.24     Beat    5.3​
 Dec. 31 2020  -0.23       -0.24      -0.37     Missed  -56.3
 Sep. 30 2020  -0.32       -0.30      -0.28     Beat    6.7
 This summary was machine generated November 2 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated