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

• Cadiz Inc CDZI.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended March 31. The mean expectation of two analysts for the quarter was for a loss of 11 cents per share. -11 cents per share.

• Revenue was $2.95 million​; analysts expected $4.49 million.

• Cadiz Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $10.86 million.

• Cadiz Inc shares had risen by 2.4% this quarter and lost 42.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Cadiz Inc is $12.50

This summary was machine generated from LSEG data May 15 at 11:02 a.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)