Origin Materials (ORGN) Set to Announce Earnings on Wednesday

Origin Materials (NASDAQ:ORGN) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 14th. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Origin Materials (NASDAQ:ORGN) last posted its earnings results on Tuesday, May 14th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.10). Origin Materials had a net margin of 0.34% and a negative return on equity of 12.16%. The firm had revenue of $6.83 million during the quarter. During the same period in the previous year, the firm earned ($0.06) earnings per share. On average, analysts expect Origin Materials to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Origin Materials Price Performance

Shares of NASDAQ:ORGN opened at $0.92 on Tuesday. The company has a current ratio of 12.60, a quick ratio of 12.54 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $0.93 and its two-hundred day moving average is $0.78. The firm has a market capitalization of $135.26 million, a P/E ratio of -92,000.00 and a beta of 0.92. Origin Materials has a 52 week low of $0.44 and a 52 week high of $1.58.

About Origin Materials

Origin Materials, Inc, together with its subsidiaries, operates as a carbon-negative materials company. The company develops a proprietary biomass conversion platform to convert biomass, or plant-based carbon into building block chemicals chloromethylfurfural and hydrothermal carbon, as well as other oils and extractives and other co-products.