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

Reuters11-13

Origin Materials Inc <orgn.oq> expected to post a loss of 11 cents a share - Earnings Preview </orgn.oq>

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)

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