CODX Earnings

CODX reported its earnings on 2026-05-14, showcasing a revenue of 146.00K against an estimate of 200.00K, resulting in a -27% surprise. The EPS was -4.06, surpassing the expected 0 by 0%. The stock experienced a -21.17% price change on the earnings day and a 46.63% change over the next five days, reflecting market reactions to the results.

Following CODX's earnings announcement on 2026-05-14, the stock price moved by -21.17% on the day of the release. Over the subsequent five days, it saw a 46.63% change. Historically, CODX's stock price tends to shift by an average of 3.3% in the 10 days leading up to earnings and 42.66% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate CODX's annual revenue to reach 166.50K, while the EPS is projected at -3.00. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between CODX's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CODX's stock price typically moves by 3.3% in the 10 days before its earnings and 42.66% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -3.00 and revenue of 166.50K.

The company's financial performance showed a significant decline in revenue and an increase in net loss, which are negative indicators. The Co-Dx PCR testing platform, a key strategic initiative, is still pending regulatory approval, introducing uncertainty. The lack of discussion on shareholder returns and unclear management responses in the Q&A add to the negative sentiment. Given these factors, the overall outlook is negative, with potential for a -2% to -8% stock price movement.