Dyadic International (NASDAQ:DYAI) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Dyadic International will report an earnings per share (EPS) of $-0.06.
The market awaits Dyadic International's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
In the previous earnings release, the company missed EPS by $0.01, leading to a 0.74% increase in the share price the following trading session.
Here's a look at Dyadic International's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.06 | -0.06 | -0.07 | |
| EPS Actual | -0.07 | -0.07 | -0.08 | -0.06 |
| Price Change % | 1.0% | 5.0% | 2.0% | -5.0% |
Stock Performance
Shares of Dyadic International were trading at $1.14 as of November 08. Over the last 52-week period, shares are down 34.13%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Dyadic International visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
