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ORGN Origin Materials News Story

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Origin Materials Inc expected to post a loss of 11 cents a share - Earnings Preview

Origin Materials Inc ORGN.OQ ORGN.O is expected to show a fall in quarterly revenue when it reports  results on March 13 for the period ending December 31 2024

The West Sacramento California-based  company is expected to report a 30.5% decrease in revenue to $9.08 million from $13.06 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 11 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 1 "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 $1.50​, above​ its last closing price of $0.81. ​​​

This summary was machine generated March 11 at 20:41 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)

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