Origin Materials Inc expected to post a loss of 10 cents a share - Earnings Preview

Origin Materials

04/05/2024 03:03

* Origin Materials Inc  ORGN.OQ   ORGN.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 14 for
the period ending March 31 2024
    * The West Sacramento California-based  company is expected
to
report a 280.3% increase in revenue to $6.48 million from $1.7
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Origin Materials Inc is
for a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Origin
Materials
Inc is $2.98​, above​ its last closing price of $1.14. ​​​

This summary was machine generated May 4 at 02:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)