Codexis Inc expected to post a loss of 19  cents a share - Earnings Preview

Codexis

04/05/2022 02:04

* Codexis Inc  CDXS.OQ   CDXS.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 5. 
    * The Redwood City California-based  company is expected to
report
 a 58.5% increase in revenue to $28.585 million from $18.03
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Codexis Inc is for
a loss
of 19 cents per share. For the same quarter last year, the
company reported a loss of 14 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"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
$36.5​, above​ its last closing price of $12.66. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.21       -0.22      -0.16     Beat    27.3
 Sep. 30 2021  -0.09       -0.09      0.03      Beat    132.9
 Jun. 30 2021  -0.17       -0.17      -0.07     Beat    59.4​
 Mar. 31 2021  -0.21       -0.20      -0.14     Beat    30.9
 ​​Dec.        -0.11       -0.12      -0.06     Beat    50.7
 31 2020                                                
 Sep. 30 2020  -0.12       -0.11      -0.10     Beat    13​
 Jun. 30 2020  -0.18       -0.19      -0.11     Beat    42.6
 Mar. 31 2020  -0.16       -0.15      -0.13     Beat    14.5
 This summary was machine generated May 4 at 01:04 GMT.  All
figures in US dollars  unless otherwise stated