Company Overview - Cadiz (CDZI) is expected to report a year-over-year increase in earnings driven by higher revenues for the quarter ended September 2024, with a consensus outlook indicating a quarterly loss of $0.11 per share, reflecting an 8.3% improvement from the previous year [1][3] - Revenues are projected to reach $5.22 million, representing a significant increase of 1310.8% compared to the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst assessments [4] - The Most Accurate Estimate for Cadiz aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10] Zacks Rank and Predictive Indicators - Cadiz currently holds a Zacks Rank of 4 (Sell), complicating the prediction of an earnings beat [11] - Historical performance shows that Cadiz has not surpassed consensus EPS estimates in the last four quarters, with the most recent quarter showing a surprise of -50% [12][13] Industry Context - In comparison, Corteva, Inc. (CTVA), another player in the Zacks Agriculture - Operations industry, is expected to report a loss of $0.31 per share for the same quarter, indicating a year-over-year decline of 34.8% [17] - Corteva's revenues are anticipated to be $2.69 billion, reflecting a 3.7% increase from the previous year [17] - The consensus EPS estimate for Corteva has been revised 4.8% higher in the last 30 days, but a lower Most Accurate Estimate results in an Earnings ESP of -30.75%, making it difficult to predict an earnings beat [18]

LOS ANGELES, Nov. 4, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI/CDZIP), a California water solutions company, today announced that it has entered into a placement agent agreement for the purchase and sale of an aggregate of 7,000,000 shares of its common stock in a registered direct offering (the "Offering") at a price of $3.34 per share. The aggregate gross proceeds to the Company from the Offering are expected to be approximately $23.38 million, before deducting the placement agent's fees and other of ...

Hydrogen facility at Cadiz Ranch site to use 100% solar power to produce 50 tons of green hydrogen per day to fuel zero-emission trucks, cars and electricityLOS ANGELES, Oct. 23, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP), a California water solutions company, and RIC Energy, a global renewable energy company, announced today they have entered into an agreement to build California's largest green hydrogen facility at Cadiz Ranch in the Mojave Desert. Under the agreement, Cadiz will supply land ...

Arsenic, iron and manganese filter systems to be delivered in 2025.LOS ANGELES, Oct. 22, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced that its operating subsidiary ATEC Water Systems, LLC ("ATEC") was awarded three new sales contracts totaling $1.6 million for arsenic, iron and manganese filtration systems. The systems will be delivered in 2025.  "Groundwater contamination is a growing global threat," said Susan Ken ...

Fortune 500 industry veteran Steve Green to drive business development aimed at growth LOS ANGELES, Sept. 27, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company"), a California water solutions company, today announced the Company's operating subsidiary ATEC Water Systems, LLC ("ATEC") expanded its leadership team, hiring Steve Green as its Chief Commercial Officer. Green brings decades of water industry experience including business development leadership for Fortune 500 water ...

LOS ANGELES, Sept. 24, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz," the "Company"), a California water solutions company, today announced that its Board of Directors has declared the following cash dividend on the Company's 8.875% Series A Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock"). Holders of Series A Preferred Stock will receive a cash dividend equal to $550.00 per whole share. Holders of depositary shares, each representing a 1/1000 fractional interest in a ...

Rivera brings 25 years of senior management experience as the Company prepares to scale operations. LOS ANGELES, Sept. 19, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI) (NASDAQ: CDZIP) ("Cadiz" or the "Company"), a California water solutions company, announced today the appointment of Cathryn Rivera as Chief Operating Officer ("COO"), effective as of September 16, 2024. The Company began expanding the management team earlier this year with the appointment of CEO Susan Kennedy. As COO, Rivera is expected t ...

Chairman and CEO Susan Kennedy to Host Call on September 19 at 11:00am ET Kennedy to Present and Host 1x1 Meetings at the Noble Capital Markets Basic Industries Virtual Equity Conference on September 25 & 26 LOS ANGELES, Sept. 12, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") a California water solutions company, announced today that its September Corporate Update Investor Call will be held on Thursday, September 19, 2024 at 11:00am ET. Susan Kennedy, Chairman and CEO of ...

Achieves important milestone following execution of fifth water supply delivery agreement in 2024 LOS ANGELES, Aug. 15, 2024 /PRNewswire/ -- Cadiz, Inc. (NASDAQ: CDZI / CDZIP) ("Cadiz" or the "Company") announced today that it has secured water purchase agreements for 85% of capacity of the Company's "Northern Pipeline." The announcement follows execution of the fifth agreement this year for water supply from the Company's Water Conservation, Supply, and Storage Project (the "Project"), bringing the cumulat ...

united states Securities and Exchange Commission Washington, D. C. 20549 FORM 10-Q (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from …… to ……. Commission File Number 0-12114 Cadiz Inc. (Exact name of registrant specified in its charter) DELAWARE 77-0313235 (State or other jurisdiction of (I ...