Arcadia Biosciences Inc (RKDA) FY2024Q1 Earning Prediction
Arcadia Biosciences Inc (RKDA) is set to release its earnings performance on 05/09 04:00:00 in trading. Consensus forecasts predict a revenue of 1.00M and an earnings per share (EPS) of -2.52 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
RKDA Transcript
The earnings call presents a mixed picture. While the Zola brand shows strong sales growth and distribution expansion, gross margins are declining, and the company is transitioning to a single product line. Although the cash position is healthy, regulatory issues and unclear management responses in the Q&A create uncertainty. The revenue guidance is stable but not growing, and the completion of a key transaction is delayed. These factors suggest a neutral stock price movement in the near term.
Despite strong Zola sales growth and distribution expansion, the company faces significant challenges such as missing EPS expectations, declining cash reserves, and increased SG&A expenses. The lack of forward guidance and unclear management responses in the Q&A further add to investor uncertainty. The pending transaction with Roosevelt Resources and the decline in GLA oil sales also pose risks. These factors are likely to result in a negative stock price movement.
RKDA Report
Frequently Asked Questions
What is the Arcadia Biosciences Inc FY2024Q1 Earnings Release Date and Time?
Arcadia Biosciences Inc (RKDA) is scheduled to release its FY2024Q1 earnings report onMay 9, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for Arcadia Biosciences Inc FY2024Q1 Revenue and EPS?
Analysts' consensus predicts 1.00M in revenue and an EPS of -3.00 for Arcadia Biosciences Inc's FY2024Q1.
What Does Intellectia's AI Predict for Arcadia Biosciences Inc FY2024Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a forArcadia Biosciences Inc's FY2024Q1 earnings, with a prediction date of May 9, 2024. Arcadia Biosciences Inc
How Can I Use This Earnings Prediction to Trade RKDA Stock?
Leverage Intellectia's AI forecast to position trades ahead of theMay 9, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like Arcadia Biosciences Inc FY2024Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
