This story originally appeared on Zacks
Amyris, Inc. (AMRS) closed at $4.59 in the latest trading session, marking a +1.1% move from the prior day. The stock outpaced the S&P 500’s daily loss of 0.41%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq gained 0.13%.
Prior to today’s trading, shares of the company had lost 26.3% over the past month. This has lagged the Basic Materials sector’s gain of 4.05% and the S&P 500’s gain of 2.36% in that time.
Investors will be hoping for strength from Amyris, Inc. as it approaches its next earnings release. On that day, Amyris, Inc. is projected to report earnings of -$0.20 per share, which would represent year-over-year growth of 54.55%. Meanwhile, our latest consensus estimate is calling for revenue of $64.1 million, down 19.61% from the prior-year quarter.