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

Origin Materials

09/05/2023 24:47

* Origin Materials Inc  ORGN.OQ   ORGN.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 10. 
    * The West Sacramento California-based  company is expected
to
report revenue of $1.73 million, according to the mean estimate
from 3 analysts, based on Refinitiv data.  
    * ​Refinitiv'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 "buy"
and
the breakdown of recommendations is 5 "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 $12​, above​ its last closing price of $4.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.08       -0.09      0.11      Beat    220.5
 Sep. 30 2022  -0.07       -0.08      0.06      Beat    171.4
 Jun. 30 2022  -0.07       -0.07      0.33      Beat    595​
 Mar. 31 2022  -0.06       -0.06      0.05      Beat    179
 ​​Dec.        -0.06       -0.06      0.04      Beat    163.2
 31 2021                                                
 Sep. 30 2021  -0.06       -0.06      0.20      Beat    420​
 Jun. 30 2021  -5.35       -5.36      0.63      Beat    111.8
 Mar. 31 2021  -0.04       -0.04      0.56      Beat    1,500
 This summary was machine generated May 8 at 23:47 GMT.  All
figures in US dollars  unless otherwise stated