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CODA Coda Octopus News Story

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

* Coda Octopus Group Inc  CODA.OQ  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended in July.
The lone analyst forecast for the quarter was for earnings of 7
cents per share.
    * Revenue rose 7.6% to $6.27 million from a year ago;
analysts
expected $5.89 million. 
    * Coda Octopus Group Inc's reported EPS for the quarter was
16
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 1.7% this
quarter and lost 38.6% so far this year.
    * The company reported quarterly net income of $1.77
million.
    * Wall Street's median 12-month price target for Coda
Octopus
Group Inc is $8.00 
    * 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 from Refinitiv data September
14 at 10:52 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.07           0.16           Beat
 Apr. 30 2022      0.08           0.05           Missed
 Jan. 31 2022      0.11           0.11           Met
 Oct. 31 2021      0.13           0.01           Missed

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