Cadiz (CDZI) Reports Q1 Loss, Misses Revenue Estimates

Group 1 - Cadiz reported a quarterly loss of $0.14 per share, which was worse than the Zacks Consensus Estimate of a loss of$ 0.11, and compared to a loss of $0.12 per share a year ago, indicating an earnings surprise of -27.27% [1] - The company posted revenues of$ 2.95 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 34.14%, and this represents an increase from year-ago revenues of $1.12 million [2] - Cadiz shares have declined approximately 39% since the beginning of the year, contrasting with the S&P 500's gain of 0.1% [3] Group 2 - The earnings outlook for Cadiz is currently unfavorable, with a Zacks Rank of 4 (Sell), suggesting that the shares are expected to underperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$ 0.09 on revenues of $4.18 million, and for the current fiscal year, it is -$ 0.05 on revenues of $16.49 million [7] - The Agriculture - Operations industry, to which Cadiz belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating a challenging environment for stock performance [8]