Arcadia Biosciences Stock Earnings Report NASDAQ:RKDA
Current P/E ratio: 6.11 | Price (Jan 19, 2022, EOD): $0.97 (Find current average P/E ratios for all sectors below)
RKDA Upcoming EarningsCurrently no data available.
RKDA Analysts Price TargetsCurrently no data available.
About Arcadia Biosciences
Arcadia Biosciences, Inc., an agricultural biotechnology trait company, provides late-stage crop productivity and product quality traits for various crops in the food and feed markets worldwide. The company offers a portfolio of agricultural yield traits, including nitrogen use efficiency, water use efficiency/drought tolerance, salinity tolerance, heat tolerance, and herbicide tolerance traits, as well as agronomic trait stacks to enhance crop yields. It also provides agricultural product quality traits, such as gamma linolenic acid safflower oil to manufacturers of nutritional supplements, medical foods, and other products under the Sonova brand name; and arachidonic acid safflower oil that is in Phase III of development for use in infant nutrition products. In addition, the company has various programs under development that include resistant starch; grain quality; and reduced gluten programs for wheat crops, as well as post harvest quality program for tomato crops. Its traits are used to enhance crop yields by enabling plants to manage environmental and nutrient stresses, as well as enhance the quality and value of agricultural products. The company has collaborations with Vilmorin & Cie; Maharashtra Hybrid Seeds Company Limited; Dow AgroSciences; E.I. du Pont de Nemours and Company; SES Vanderhave; Genective; Scotts; U.S. Sugar; Abbott; Ardent Mills; Bioceres S.A.; Superior Hybrids, Inc.; and others for the development and commercialization of its traits in various crops and consumer products. Arcadia Biosciences, Inc. was founded in 2002 and is headquartered in Davis, California.
Last 3 Quarters for RKDA Premium
Below you can see how RKDA performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
|Name||Number of firms||Average PE|
|Auto & Truck||13||15|
|Bank (Money Center)||7||11|
|Brokerage & Investment Banking||39||14|
|Business & Consumer Services||165||32|
|Coal & Related Energy||22||7|
|Electronics (Consumer & Office)||20||18|
|Environmental & Waste Services||82||70|
|Financial Svcs. (Non-bank & Insurance)||232||36|
|Green & Renewable Energy||22||88|
|Healthcare Support Services||128||131|
|Heathcare Information and Technology||129||132|
|Investments & Asset Management||192||120|
|Metals & Mining||92||37|
|Office Equipment & Services||22||16|
|Oil/Gas (Production and Exploration)||269||19|
|Packaging & Container||24||43|
|Publishing & Newspapers||31||28|
|Real Estate (Development)||20||146|
|Real Estate (General/Diversified)||12||31|
|Real Estate (Operations & Services)||57||23|
|Retail (Building Supply)||17||202|
|Retail (Grocery and Food)||13||38|
|Retail (Special Lines)||89||25|
|Shipbuilding & Marine||10||30|
|Software (System & Application)||363||144|
|Total Market (without financials)||5878||62|
Updated: Jan 2020
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