Origin Materials Inc expected to post a loss of 14 cents a share - Earnings Preview

Origin Materials

27/02/2024 22:02

* Origin Materials Inc  ORGN.OQ   ORGN.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The West Sacramento California-based  company is expected
to
report revenue of $12 million, 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 14 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $2.00​, above​ its last closing price of $0.56. ​​​

This summary was machine generated February 27 at 22:02 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)