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Stock impact report

Danimer Scientific, Inc. (NYSE:DNMR) Just Reported Earnings, And Analysts Cut Their Target Price [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
The numbers were fairly weak, with revenue of US$47m missing analyst predictions by 9.4%, and (statutory) losses of US$1.52 per share being slightly larger than what the analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Check out our latest analysis for Danimer Scientific Following the latest results, Danimer Scientific's five analysts are now forecasting revenues of US$95.8m in 2024. This would be a sizeable 105% improvement in revenue compared to the last 12 months. Losses are expected to increase slightly, to US$1.42 per share. Before this earnings announcement, the analysts had been modelling revenues of US$95.8m and losses of US$1.40 per share in 2024. As a resu Show less Read more
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