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A Look Ahead: LanzaTech Global's Earnings Forecast

Benzinga ·  Nov 7, 2024 16:10

LanzaTech Global (NASDAQ:LNZA) is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.

Analysts estimate that LanzaTech Global will report an earnings per share (EPS) of $-0.12.

The announcement from LanzaTech Global is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

Last quarter the company missed EPS by $0.03, which was followed by a 8.4% drop in the share price the next day.

Here's a look at LanzaTech Global's past performance and the resulting price change:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate-0.11-0.12-0.08-0.12
EPS Actual-0.14-0.13-0.09-0.13
Price Change %-8.0%0.0%5.0%-2.0%
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Stock Performance

Shares of LanzaTech Global were trading at $1.88 as of November 06. Over the last 52-week period, shares are down 50.78%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for LanzaTech Global visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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