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

Origin Materials

23/02/2023 22:01

* Origin Materials Inc  ORGN.OQ  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for a loss of 9 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Origin Materials Inc's reported EPS for the quarter was 11
cents​.
    * 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. 
    * Origin Materials Inc shares had risen by 3.9% this
quarter.
    * The company reported quarterly net income of $15.99
million.
    * Wall Street's median 12-month price target for Origin
Materials
Inc is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.09          0.11           Beat
 Sep. 30 2022      -0.08          0.06           Beat
 Jun. 30 2022      -0.07          0.33           Beat
 Mar. 31 2022      -0.06          0.05           Beat