LanzaTech Global (LNZA) to Release Earnings on Friday

LanzaTech Global (NASDAQ:LNZA - Get Free Report) will release its earnings data 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.Persons that are interested in registering for the company's earnings conference call can do so using this link.

LanzaTech Global (NASDAQ:LNZA - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.12) by ($0.02). LanzaTech Global had a negative return on equity of 96.75% and a negative net margin of 143.76%. The company had revenue of $17.38 million during the quarter, compared to the consensus estimate of $14.68 million. During the same period in the previous year, the company earned ($0.14) earnings per share. 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

LNZA stock traded up $0.03 during trading on Friday, reaching $1.72. The company had a trading volume of 204,052 shares, compared to its average volume of 435,652. LanzaTech Global has a 52 week low of $1.16 and a 52 week high of $5.73. The business has a 50 day moving average of $1.70 and a 200 day moving average of $1.99. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.40 and a quick ratio of 4.40.

LanzaTech Global Company Profile

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.