Codexis Inc expected to post a loss of 18 cents a share - Earnings Preview

Codexis

30/04/2024 22:45

* Codexis Inc  CDXS.OQ   CDXS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Redwood City California-based  company is expected to
report
a 5.2% increase in revenue to $13.66 million from $12.98 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Codexis Inc is for a
loss
of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"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 Codexis Inc
is
$5.00​, above​ its last closing price of $3.05. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.10       -0.12      -0.10     Beat    19.5
 Sep. 30 0001  -0.32       -0.32      -0.50     Missed  -54.2
 Jun. 30 2023  -0.21       -0.21      -0.17     Beat    20.5​
 Mar. 31 2023  -0.30       -0.31      -0.34     Missed  -9.9
 ​​Dec.        -0.22       -0.23      -0.14     Beat    38.2
 31 2022                                                
 Sep. 30 2022  -0.18       -0.19      -0.15     Beat    19.2​
 Jun. 30 2022  -0.14       -0.13      -0.04     Beat    70.3
 Mar. 31 2022  -0.18       -0.19      -0.13     Beat    30.1
 This summary was machine generated April 30 at 21:45 GMT.  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)