Cadiz Missed Consensus Estimates

Cadiz (CDZI) reported a loss of $0.15 per share on revenue of $0.98 million for the second quarter ended June 2026. The consensus estimate was a loss of $0.10 per share on revenue of $4.22 million. The company missed consensus estimates by 50.00% while revenue fell 76.27% compared to the same quarter a year ago.

Cadiz, Inc. acquires and develops water-related land and agricultural assets. Cadiz has created a portfolio of land-holdings, water resources and agricultural operations. With its subsidiary, Sun World International, Inc., Cadiz is one of the largest vertically integrated agricultural companies. The Company owns significant landholdings with substantial water resources.