Origin Materials Inc expected to post a loss of 12 cents a share - Earnings Preview

Origin Materials

07/08/2023 22:36

* Origin Materials Inc  ORGN.OQ   ORGN.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 9. 
    * The West Sacramento California-based  company is expected
to
report revenue of $7.027 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 12 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 $10.5​, above​ its last closing price of $4.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.11       -0.11      0.07      Beat    166.4
 Dec. 31 2023  -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.        -0.06       -0.06      0.05      Beat    179
 31 2022                                                
 Dec. 31 2021  -0.06       -0.06      0.04      Beat    163.2​
 Sep. 30 2021  -0.06       -0.06      0.20      Beat    420
 Jun. 30 2021  -5.35       -5.36      0.63      Beat    111.8
 This summary was machine generated August 7 at 21:36 GMT.  All
figures in US dollars  unless otherwise stated