Danimer Scientific Inc expected to post a loss of $8.13 a share - Earnings Preview

DSI Winddown

15/11/2024 13:34

* Danimer Scientific Inc  DNMR.N   DNMR.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
19 for the period ending September 30 2024
    * The Bainbridge Georgia-based  company is expected to
report a
21.7% decrease in revenue to $8.575 million from $10.95 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Danimer Scientific Inc
is for
a loss of $8.13 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 Danimer
Scientific Inc is 40.00​, above​ its last closing price
of $8.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -8.59       -9.20      -7.60     Beat    17.4
 Mar. 31 2024  -10.48      -10.47     -10.40    Beat    0.6
 Dec. 31 2023  -15.96      -15.32     -15.60    Missed  -1.8​
 Sep. 30 2023  -13.70      -13.60     -15.60    Missed  -14.7
 ​​Jun.        -14.44      -14.55     -15.20    Missed  -4.5
 30 2023                                                
 Mar. 31 2023  -14.23      -15.24     -14.40    Beat    5.5​
 Dec. 31 2022              -11.47     -11.20    Beat    2.3
 Sep. 30 2022  -6.90       -7.01      -37.60    Missed  -436.4
 This summary was machine generated November 15 at 13:34 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)