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

Codexis

04/05/2023 23:28

* Codexis Inc  CDXS.OQ  reported a quarterly adjusted loss
of 34
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 31 cents per share.
    * Revenue fell 63.3% to $12.98 million from a year ago;
analysts
expected $14.09 million. 
    * Codexis Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
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 fallen by 1.2% this quarter and
lost 12.2% so far this year.
    * The company reported a quarterly loss of $22.62 million.
    * Wall Street's median 12-month price target for Codexis Inc
is
$10.50 
    * 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 LSEG Refinitiv data May
4 at 10:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.31          -0.34          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