Earnings Preview : Q2 2024 Is Gearing Up To Be A Decisive Quarter For Evogene ($EVGN)

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Evogene (NASDAQ: EVGN) has set the date for the release of its second quarter financial results on Thursday 22nd August 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.

the enterprise is projected to announce an estimated per share $0.12 loss for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $0.8 million for this period.

The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.17. This considerable sum was attributed to the company's total revenue, which reached an impressive $0.65 million during that specific quarter.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $15.44 million. Additionally, they are expecting the company to report loss of $0.41 per share for the fiscal year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2024 $-0.08 +46.7% 4.19 M +553.7%
Q4 2023 $-0.13 -85.7% 0.58 M -12.4%
Q3 2023 $-0.08 +50.0% 3.77 M +708.4%
Q2 2023 $-0.17 +19.0% 0.65 M +109.6%

*Growth on year-over-year basis

During the previous trading day, On Wednesday Evogene (EVGN) shares reached a low of $3.87 and a high of $4.04, along with a total volume of 8.40 thousand shares. The stock ended the regular trading session at $3.98, demonstrating downfall of 1.73 percent.