Codexis Inc expected to post a loss of 4 cents a share - Earnings Preview

Codexis

25/02/2025 21:23

Codexis Inc CDXS.OQ CDXS.O is expected to show a rise in quarterly revenue when it reports  results on February 27 for the period ending December 31 2024

The Redwood City California-based  company is expected to report a 3.2% increase in revenue to $27.41 million from $26.56 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for Codexis Inc is for a loss of 4 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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. ‚Äč

Wall Street's median 12-month price target for Codexis Inc is $7.00‚Äč, above‚Äč its last closing price of $4.11. ‚Äč‚Äč‚Äč

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

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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‚Äč
Dec. 31 2023
-0.10
-0.12
-0.10
Beat
19.5
‚Äč‚ÄčSep. 30 2023
-0.32
-0.32
-0.50
Missed
-54.2
Jun. 30 2023
-0.21
-0.21
-0.17
Beat
20.5‚Äč
Mar. 31 2023
-0.30
-0.31
-0.34
Missed
-9.9
Dec. 31 2022
-0.22
-0.23
-0.14
Beat
38.2

This summary was machine generated February 25 at 21:23 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)