Codexis Inc expected to post a loss of 23 cents a share - Earnings Preview

Codexis

28/04/2025 12:14

Codexis Inc CDXS.OQ CDXS.O is expected to show a fall in quarterly revenue when it reports  results on April 30 (estimated) for the period ending March 31 2025

The Redwood City California-based  company is expected to report a 39.2% decrease in revenue to $10.377 million from $17.07 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.The company's guidance on February 27 2025, for the period ended March 31, was for revenue between $8.00 million and $10.00 million.

​LSEG's mean analyst estimate for Codexis Inc is for a loss of 23 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "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 $7.00​, above​ its last closing price of $2.26. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-0.05
-0.04
-0.13
Missed
-258.6
Sep. 30 2024
-0.24
-0.24
-0.29
Missed
-21.5
Jun. 30 2024
-0.27
-0.26
-0.32
Missed
-21.3​
Mar. 31 2024
-0.17
-0.18
-0.16
Beat
11.1
​​Dec. 31 2023
-0.10
-0.12
-0.10
Beat
19.5
Sep. 30 2023
-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

This summary was machine generated April 28 at 11:14 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)