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Stock impact report

Codexis, Inc. (NASDAQ:CDXS) Released Earnings Last Week And Analysts Lifted Their Price Target To US$7.17 [Yahoo! Finance]

Codexis, Inc. (CDXS) 
Last codexis, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.codexis.com/investors
Company Research Source: Yahoo! Finance
Results overall weren't great; even though revenues of US$13m beat expectations by 12%, statutory losses ballooned to US$0.29 per share, substantially worse than the analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for Codexis Following last week's earnings report, Codexis' six analysts are forecasting 2025 revenues to be US$65.0m, approximately in line with the last 12 months. Losses are expected to be contained, narrowing 20% from last year to US$0.70. Before this latest report, the consensus had been expecting revenues of US$65.8m and US$0.75 per share in losses. It looks like there's been a modest increase in sentiment in the recent updates, with the analyst Show less Read more
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