Danimer Scientific Inc expected to post a loss of 26 cents a share - Earnings Preview

DSI Winddown

04/05/2024 03:29

* Danimer Scientific Inc  DNMR.N   DNMR.K  is expected
to show a
fall in quarterly revenue when it reports  results on May 7 for
the period ending January 1 0001
    * The Bainbridge Georgia-based  company is expected to
report a
7.2% decrease in revenue to $11.063 million from $11.93 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Danimer Scientific Inc
is for
a loss of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Danimer
Scientific Inc is $1.30​, above​ its last closing price
of $0.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.40       -0.38      -0.39     Missed  -1.8
 Sep. 30 2023  -0.34       -0.34      -0.39     Missed  -14.7
 Jun. 30 2023  -0.36       -0.36      -0.38     Missed  -4.5​
 Mar. 31 2023  -0.36       -0.38      -0.36     Beat    5.5
 ​​Jan.                    -0.29      -0.28     Beat    2.3
 1 0001                                                 
 Sep. 30 2022  -0.17       -0.18      -0.94     Missed  -436.4
                                                        ​
 Jun. 30 2022  -0.25       -0.24      -0.30     Missed  -25
 Mar. 31 2022  -0.29       -0.23      -0.26     Missed  -11.8
 This summary was machine generated May 4 at 02:28 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)