Origin Materials Inc reports results for the quarter ended September 30 - Earnings Summary

• Origin Materials Inc ORGN.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 22 cents. The lone analyst forecast for the quarter was for a loss of 11 cents per share.

• Revenue rose 14.9% to $8.20 million from a year ago; analysts expected $8.30 million.

• Origin Materials Inc's reported EPS for the quarter was a loss of 26 cents​.

• The company reported a quarterly loss of $36.76 million.

• Origin Materials Inc shares had fallen by 18.8% this quarter and gained 49.5% so far this year.

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 "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commodity chemicals peer group is "buy."

Wall Street's median 12-month price target for Origin Materials Inc is 4.00

This summary was machine generated from LSEG data November 15 at 02:13 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)