Cadiz Inc CDZI.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended in June. The lone analyst forecast for the quarter was for a loss of 10 cents per share.
Revenue fell 36.6% to $513.00 thousand from a year ago; analysts expected $4.00 million.
Cadiz Inc's reported EPS for the quarter was a loss of 15 cents.
The company reported a quarterly loss of $10.16 million.
Cadiz Inc shares had fallen by 2.6% this quarter and gained 7.5% so far this year.
FORECAST CHANGES
In the last 30 days, there have been 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," "hold" and "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 August 13 at 03:16 p.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 |
Jun. 30 2024 |
-0.10 |
-0.15 |
Missed |