Coda Octopus Group Inc reports results for the quarter ended October 31 - Earnings Summary

Coda Octopus

29/01/2025 14:32

* Coda Octopus Group Inc  CODA.OQ  reported quarterly
adjusted
earnings of 3 cents​​ per share for the quarter ended October
31, higher than the same quarter last year, when the company
reported EPS of -2 cents.  The lone analyst forecast for the
quarter was for earnings of 7 cents per share. 
    * Revenue rose 41.8% to $5.06 million from a year ago;
analysts
expected $5.27 million. 
    * Coda Octopus Group Inc's reported EPS for the quarter was
3
cents​.
    * The company reported quarterly net income of $327
thousand.
    * Coda Octopus Group Inc shares had risen by 7.0% this
quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Coda Octopus
Group Inc is $11.00 
This summary was machine generated from LSEG data January 29 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.07           0.03           Missed
 Jul. 31 2024      0.10           0.11           Beat
 Apr. 30 2024      0.05           0.13           Beat
 Jan. 31 2024      0.01           0.06           Beat