LanzaTech Global 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:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 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% |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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