Cadiz (CDZI) Reports Q2 Loss, Lags Revenue Estimates

Cadiz (CDZI) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this renewable resource company would post a loss of $0.11 per share when it actually produced a loss of $0.14, delivering a surprise of -27.27%.Over the last four quarters, the company ...