Investing.com - Cadiz (NASDAQ:CDZI) 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, still down 62.10% from its 52 week high of $5.91 set on November 17, 2021.
Cadiz follows other major Utilities sector earnings this month
Cadiz's report follows an earnings beat by NextEra Energy on October 28, 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 November 4 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.
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