Investing.com - Cadiz reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Cadiz announced earnings per share of $-0.15 on revenue of $599.0K. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $440K.
Cadiz shares are down 41% from the beginning of the year and are trading at $2.24 , down-from-52-week-high.
Cadiz follows other major Utilities sector earnings this month
Cadiz's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, compared to forecasts EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, compared to forecast for EPS of $1.84 on revenue of $7,388M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar