Cadiz (US:CDZI) ZACKS·2024-11-04 16:01Company 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]