Insights into ChromaDex's Upcoming Earnings

ChromaDex (NASDAQ:CDXC) is gearing up to announce its quarterly earnings on Thursday, 2024-10-31. Here's a quick overview of what investors should know before the release.

Analysts are estimating that ChromaDex will report an earnings per share (EPS) of $0.00.

Investors in ChromaDex are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.02, leading to a 9.51% increase in the share price on the subsequent day.

Here's a look at ChromaDex's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.02

-0.02

-0.03

-0.03

EPS Actual

0

-0.01

0

-0.01

Price Change %

10.0%

-8.0%

-8.0%

-11.0%

Insights Shared by Analysts on ChromaDex

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on ChromaDex.

ChromaDex has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $6.0, the consensus suggests a potential 65.75% upside.

Understanding Analyst Ratings Among Peers

The analysis below examines the analyst ratings and average 1-year price ...