Codexis Inc reports results for the quarter ended March 31 - Earnings Summary

Codexis

14/05/2025 22:01

Codexis Inc CDXS.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -16 cents.  The mean expectation of seven analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -29 cents to -17 cents per share.

Revenue fell 55.8% to $7.54 million from a year ago; analysts expected $9.66 million.

Codexis Inc's reported EPS for the quarter was a loss of 25 cents​.

The company reported a quarterly loss of $20.69 million.

Codexis Inc shares had fallen by 4.8% this quarter and lost 46.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 30.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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."

Wall Street's median 12-month price target for Codexis Inc is $7.00

This summary was machine generated from LSEG data May 14 at 09:00 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.24
-0.25
Missed
Dec. 31 2024
-0.04
-0.13
Missed
Sep. 30 2024
-0.24
-0.29
Missed
Jun. 30 2024
-0.26
-0.32
Missed