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

Codexis

02/11/2022 02:04

* Codexis Inc  CDXS.OQ   CDXS.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 3. 
    * The Redwood City California-based  company is expected to
report
 a 15.9% decrease in revenue to $30.939 million from $36.77
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. 
    * 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
$19.5​, above​ its last closing price of $5.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.14       -0.13      -0.04     Beat    70.3
 Mar. 31 2022  -0.18       -0.19      -0.13     Beat    30.1
 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.        -0.17       -0.17      -0.07     Beat    59.4
 30 2021                                                
 Mar. 31 2021  -0.21       -0.20      -0.14     Beat    30.9​
 Dec. 31 2020  -0.11       -0.12      -0.06     Beat    50.7
 Sep. 30 2020  -0.12       -0.11      -0.10     Beat    13
 This summary was machine generated November 2 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated