Origin Materials Inc expected to post a loss of 11 cents a share - Earnings Preview

Origin Materials

12/11/2024 23:58

* Origin Materials Inc  ORGN.OQ   ORGN.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
14 for the period ending September 30 2024
    * The West Sacramento California-based  company is expected
to
report a 16.2% increase in revenue to $8.3 million from $7.14
million a year ago, 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 11 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 $4.00​, above​ its last closing price of $1.25. ​​​

This summary was machine generated November 12 at 23:58 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)