Published on 2 Apr 2024 on Simply Wall St. via Yahoo Finance
Danimer Scientific, Inc. (NYSE:DNMR) Just Reported Earnings, And Analysts Cut Their Target Price
Danimer Scientific, Inc. (NYSE:DNMR) just released its latest annual report and things are not looking great. 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
