Codexis Inc reports results for the quarter ended in December - Earnings Summary

Codexis

23/02/2023 22:49

* Codexis Inc  CDXS.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for a loss
of 23 cents per share.
    * Revenue rose 24% to $30.38 million from a year ago;
analysts
expected $28.92 million. 
    * Codexis Inc's reported EPS for the quarter was a loss
of 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Codexis Inc shares had risen by 18.0% this quarter.
    * The company reported a quarterly loss of $12.61 million.
    * Wall Street's median 12-month price target for Codexis Inc
is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data February
23 at 10:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.23          -0.14          Beat
 Sep. 30 2022      -0.19          -0.15          Beat
 Jun. 30 2022      -0.13          -0.04          Beat
 Mar. 31 2022      -0.19          -0.13          Beat