Benson Hill’s Preliminary FY 2022 Guidance Sees Consolidated Revenues of $379M-383M and Net Loss from Continuing Operations of $98M-102M.

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Benson Hill ($NYSE:BHIL) is a food technology company that provides cutting-edge innovations in food production and crop science. By leveraging the power of artificial intelligence, Benson Hill is transforming how food is grown and produced, making it more efficient and sustainable. The company has recently provided preliminary guidance for their FY 2022 results, estimating consolidated revenues to be between $379M and $383M and consolidated gross profit to be between $2M and $5M. They also anticipate a net loss from continuing operations of between $98M and $102M. This FY 2022 forecast reflects the company’s continued investments in research and development as well as its expanding customer base.

Benson Hill has been at the forefront of food technology for some time now, with its products being used in some of the world’s leading restaurants and retailers. The company also has partnerships with a number of leading agricultural companies, helping to ensure that its technologies are adopted on a global scale. Despite the anticipated net loss, the company is confident that its investments in research and development will pay off in the long run.

Market Price

So far, news sentiment towards this statement has been mostly positive. On Friday, Benson Hill‘s stock opened at $2.7 and closed at $2.6, a drop of 8.8% from its prior closing price of $2.8. Despite the initial dip in stock price, many analysts remain optimistic about the company’s future prospects. Benson Hill has been investing heavily in research and development over the past few years. This has allowed them to develop innovative technology solutions which have enabled them to expand their customer base and increase revenue streams. They have also been focusing on increasing their presence in new markets and expanding their customer base. The company is also working on developing new products and services that can help farmers increase efficiency and productivity.

This has enabled them to capture more value from their existing customers and expand their reach into new customers. Benson Hill has also been actively pursuing strategic partnerships with other companies in order to gain access to new markets and technologies. These alliances have allowed them to expand their offerings and develop new products and services. Although the company’s stock dropped upon announcement of the guidance, analysts are still optimistic about its future prospects given the company’s recent investments in research and development and strategic partnerships. With these initiatives in place, Benson Hill is well-positioned to capitalize on the growing demand for agricultural technology solutions. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

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Analysis

GoodWhale has conducted an analysis of Benson Hill‘s wellbeing to determine its current state. Benson Hill is classified as a ‘cheetah’ company, meaning it has achieved high revenue and earnings growth but is considered less stable due to lower profitability. This type of company may be of interest to investors looking for exposure to high growth companies with the potential for significant returns. Benson Hill is strong in assets and growth, but weak in dividends and profitability. Its intermediate health score of 5/10 indicates that it is likely to make it through any crisis without the risk of bankruptcy. In addition, Benson Hill’s debt levels are low and its cash flows are relatively healthy. Benson Hill’s current state suggests that it is well-positioned to weather any economic downturns or unexpected events that may arise in the future. As such, it could be an attractive option for investors looking for exposure to a high-growth company with the potential for significant returns. However, due to its lower profitability, those looking for more stability may want to consider other options. More…

Peers

The company’s products include plant-based proteins, oils, and flours. Benson Hill‘s competitors include Arcadia Biosciences Inc, Yield10 Bioscience Inc, Vikas Proppant & Granite Ltd, and other companies that produce plant-based food and ingredients.

– Arcadia Biosciences Inc ($NASDAQ:RKDA)

Arcadia Biosciences Inc is a publicly traded company with a market cap of 8.35M as of 2022. The company has a Return on Equity of -27.94%. Arcadia Biosciences is a biotechnology company that focuses on improving the quality and nutritional value of crops. The company uses its proprietary technologies to develop and commercialize products that improve crop yield, reduce pesticide use, and improve human health.

– Yield10 Bioscience Inc ($NASDAQ:YTEN)

Bioscience Inc is a company that focuses on providing innovative and sustainable solutions for the food and beverage industry. They have a market cap of 11.94M as of 2022 and a Return on Equity of -68.22%. The company has been facing some financial difficulties recently, but they are still working hard to provide the best possible products and services for their customers.

– Vikas Proppant & Granite Ltd ($BSE:531518)

Vikas Proppant & Granite Ltd, a mid-sized company in the mining industry, has a market capitalization of 416.89 million as of 2022. The company’s return on equity is -1.48%. The company’s primary business is the extraction and processing of minerals, including proppants and granite. The company has a strong presence in India and also has operations in other countries, including the United States, China, and Australia. Vikas Proppant & Granite Ltd has a diversified product portfolio and a experienced management team. The company is well-positioned to capitalize on the growing demand for minerals globally.

Summary

Investors reacted negatively to Benson Hill‘s preliminary guidance for FY 2022, which projected consolidated revenues of $379M-383M and a net loss from continuing operations of $98M-102M. While the news sentiment around the company has been largely positive, the stock price has dropped since the announcement. With the company expecting a loss in the upcoming financial year, investing in Benson Hill is a risky proposition, and potential investors should conduct thorough due diligence before making a decision.