Codexis Inc <CDXS.OQ> expected to post a loss of 4 cents a share - Earnings Preview
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.
LSEG'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.
Wall Street's median 12-month price target for Codexis Inc is $7.00, above its last closing price of $4.11.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | 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 |
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 |
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)
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