Lanzatech Global Inc expected to post a loss of 12 cents a share - Earnings Preview

Lanzatech Global

06/11/2024 14:14

* Lanzatech Global Inc  LNZA.OQ   LNZA.O  is expected
to show a
fall in quarterly revenue when it reports  results on November 8
for the period ending September 30 2024
    * The Skokie Illinois-based  company is expected to report a
8.5% decrease in revenue to $17.943 million from $19.61 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Lanzatech Global 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 3 "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 Lanzatech
Global
Inc is $4.88​, above​ its last closing price of $1.91. ​​​

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  -0.11       -0.11      -0.14     Missed  -21.7
 Mar. 31 2024  -0.13       -0.13      -0.13     Met     -3.2
 Dec. 31 2023  -0.08       -0.08      -0.10     Missed  -14.3​
 Sep. 30 2023  -0.12       -0.12      -0.13     Missed  -8.3
 ​​                                                     
                                                        ​
 This summary was machine generated November 6 at 14:14 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)