Coda Octopus Group Inc reports results for the quarter ended in April - Earnings Summary

Coda Octopus

14/06/2022 11:53

* Coda Octopus Group Inc  CODA.OQ  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in April.
The lone analyst forecast for the quarter was for earnings of 8
cents per share.
    * Revenue fell 7.2% to $4.99 million from a year ago; 
analysts
expected $5.70 million. 
    * Coda Octopus Group Inc's reported EPS for the quarter was
5
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Coda Octopus Group Inc shares had fallen by 19.5% this
quarter and lost 33.9% so far this year.
    * The company reported quarterly net income of $611
thousand.
    * Wall Street's median 12-month price target for Coda
Octopus
Group Inc is $9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 14 at 10:53 a.m.  ​All
figures in US dollars unless otherwise stated