What was the reported earnings per share (EPS) and how does it compare to analyst expectations?

Reported EPS vs. Expectations

The Codexis (CDXS) press release only disclosed second‑quarter revenue of $15.3 million, modestly ahead of the consensus estimate of $14.1 million. The filing did not include an earnings‑per‑share (EPS) figure, so we cannot directly compare the reported EPS to analyst forecasts at this time. In the absence of a disclosed EPS, the market will be focused on the upcoming earnings call or a subsequent filing that typically provides the GAAP and non‑GAAP EPS numbers.

Trading Implications

Given the revenue beat, the stock may already have seen a modest upside on the news, but the real catalyst will be the EPS outcome. If Codexis posts an EPS that comfortably exceeds analyst expectations (e.g., a beat of 10‑15% or more), we could see a short‑term rally—especially on relatively thin‑volume days where the price is still below its 200‑day moving average. Conversely, a miss or a muted beat could trigger profit‑taking and a pull‑back toward the $0.30‑$0.35 support zone observed on the weekly chart. Until the EPS is released, a prudent approach is to stay on the sidelines or position modestly with a tight stop (e.g., 5–7% below the current price) to capture any volatility that the upcoming earnings disclosure is likely to generate.