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ORGN Origin Materials News Story

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Origin Materials Inc reports results for the quarter ended December 31 - Earnings Summary

Origin Materials Inc ORGN.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -7 cents.  The lone analyst forecast for the quarter was for a loss of 11 cents per share.

Revenue fell 29.4% to $9.22 million from a year ago; analysts expected $9.08 million.

Origin Materials Inc's reported EPS for the quarter was a loss of 9 cents​.

The company reported a quarterly loss of $13.52 million.

Origin Materials Inc shares had fallen by 36.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the commodity chemicals peer group is also "hold"

Wall Street's median 12-month price target for Origin Materials Inc is $1.50

This summary was machine generated from LSEG data March 13 at 09:01 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.11-0.09Beat
Sep. 30 2024-0.11-0.15Missed
Jun. 30 2024-0.12-0.14Missed
Mar. 31 2024-0.10-0.10Met

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