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

Coda Octopus

13/09/2023 14:31

* Coda Octopus Group Inc  CODA.OQ  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended in July.
The lone analyst forecast for the quarter was for earnings of 12
cents per share.
    * Revenue fell 22% to $4.89 million from a year ago;
analysts
expected $6.20 million. 
    * Coda Octopus Group Inc's reported EPS for the quarter was
9
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 8.9% this
quarter and gained 9.0% so far this year.
    * The company reported quarterly net income of $1.04
million.
    * Wall Street's median 12-month price target for Coda
Octopus
Group Inc is $12.00 
    * 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 LSEG Refinitiv data
September 13 at 01:31 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.12           0.09           Missed
 Apr. 30 2023      0.10           0.09           Missed
 Jan. 31 2023      0.09           0.12           Beat
 Oct. 31 2022      0.10           0.06           Missed