Cadiz Inc CDZI.OQ reported a quarterly adjusted loss of 12 cents per share for the quarter . The lone analyst forecast for the quarter was for a loss of 11 cents per share.
Revenue rose 776.1% to $3.22 million from a year ago; analysts expected $5.22 million.
Cadiz Inc's reported EPS for the quarter was a loss of 12 cents.
The company reported a quarterly loss of $8.06 million.
Cadiz Inc shares had risen by 11.9% this quarter and gained 21.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9% 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the water & related utilities peer group is also "buy"
Wall Street's median 12-month price target for Cadiz Inc is $15.00
This summary was machine generated from LSEG data November 14 at 03:54 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.11 | -0.12 | Missed |
Jun. 30 2024 | -0.10 | -0.15 | Missed |
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