LanzaTech Global (NASDAQ:LNZA – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect LanzaTech Global to post earnings of ($0.13) per share for the quarter. LanzaTech Global has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
LanzaTech Global (NASDAQ:LNZA – Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.02). The business had revenue of $17.38 million during the quarter, compared to analyst estimates of $14.68 million. LanzaTech Global had a negative net margin of 143.76% and a negative return on equity of 96.75%. During the same quarter in the prior year, the company earned ($0.14) EPS. On average, analysts expect LanzaTech Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
LanzaTech Global Price Performance
Shares of LNZA opened at $1.69 on Friday. The company has a market capitalization of $334.22 million, a price-to-earnings ratio of -3.45 and a beta of 1.57. The business’s 50-day moving average is $1.70 and its 200-day moving average is $1.99. LanzaTech Global has a fifty-two week low of $1.16 and a fifty-two week high of $5.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.40 and a quick ratio of 4.40.
About LanzaTech Global
LanzaTech Global, Inc operates as a nature-based carbon refining company in the United States and internationally. The company transforms waste carbon into the chemical building blocks for consumer goods, such as sustainable fuels, fabrics, and packaging. It is also developing biocatalysts and processes to produce a suite of additional products utilizing novel biocatalysts, including acetone and isopropanol (IPA) and industrial solvents used in various applications, including production of polymers from IPA.
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