Origin Materials Inc reports results for the quarter ended in June - Earnings Summary

Origin Materials

12/08/2021 22:34

* Origin Materials Inc  ORGN.OQ  reported quarterly adjusted
earnings of 63 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was for a
loss of $5.36 per share.
* Reported revenue was zero​;  analysts expected zero. 
* Origin Materials Inc's reported EPS for the quarter was 63
cents​.
* The mean earnings estimate of analysts had fallen by
about 13,300% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Origin Materials Inc shares had fallen by 22.0% this
quarter and lost 39.8% so far this year.
* The company reported quarterly net income of $62.53 million.
* Wall Street's median 12-month price target for Origin
Materials Inc is $21.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 09:34 p.m.  ​All
figures in US dollars unless otherwise stated