Mark your calendars for Thursday 31st October 2024, as Codexis (NASDAQ: CDXS) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place after market close, pave the way to review a period of expectation and anticipation.
the company is expected to report an estimated per share $0.24 loss for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $11.48 million during this period.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share loss of $0.26. Additionally, the company achieved a total revenue of $9.28 million during that specific period.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $64.74 million. Additionally, they are expecting the earnings per share for the company to hit loss of $0.75 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.32 | -88.2% | 7.98 M | -62.6% |
| Q1 2024 | $-0.16 | +52.9% | 17.07 M | +31.5% |
| Q4 2023 | $-0.10 | +47.4% | 26.56 M | -12.6% |
| Q3 2023 | $-0.26 | -73.3% | 9.28 M | -73.1% |
| Q2 2023 | $-0.17 | -325.0% | 21.32 M | -44.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 31st October 2024 at 04:30 PM eastern time, in a conference call with public.
Throughout Tuesday's trading, Codexis (CDXS) shares fluctuated between $3.15 and $3.28, with a trading volume of 363.50 thousand shares. The stock ended the regular trading session at $3.19, indicating an increase of 0.31 percent.
