Calyxt, Inc. (NASDAQ:CLXT) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CLXT is expected to report 3Q20 loss of $ 0.3 per share from revenue of $ 4.17 million.
For the full year, analysts anticipate top line of $ 17.91 million, while looking forward to loss of $ 1.24 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 13.86 million ~ $ 15.32 million
Click Here For More Historical Outlooks Of Calyxt, Inc.
Previous Quarter Performance
Calyxt, Inc. communicated loss for the second quarter of $ 0.33 per share, from the revenue of $ 2.31 million. Wall street analysts are predicting, CLXT to report 2Q20 loss of $ 0.30 per share from revenue of $ 1.42 million. The bottom line results missed street analysts by $ 0.03 or 10 percent, at the same time, top line results outshined analysts by $ 0.89 million or 62.68 percent.
Stock Performance
Shares of Calyxt, Inc. traded low $ -0.01 or -0.29 percent on Wednesday, reaching $ 3.42 with volume of 99.10 thousand shares. Calyxt, Inc. has traded high as $ 3.50 and has cracked $ 3.35 on the downward trend
The closing price of $ 3.42, representing a 42.92 % increase from the 52 week low of $ 2.40 and a 59.22 % decrease over the 52 week high of $ 8.41.
The company has a market capital of $ 126.69 million and is part of the Consumer Defensive sector and Farm Products industry.
Conference Call
Calyxt, Inc. will be hosting a conference call at 4:30 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.calyxt.com
Calyxt, Inc., a consumer-centric food- and agriculture-focused company, develops healthier specialty food ingredients and food crops using gene-editing technology for agriculture in the United States. It engages in the development of high oleic and low linolenic soybean product candidates; high fiber wheat; improved quality alfalfa product candidates; and cold storable and reduced browning potatoes. The company was formerly known as Cellectis Plant Sciences, Inc.
