Orbital Energy Group Inc expected to post a loss of 15  cents a share - Earnings Preview

Orbital Infrastructure

14/05/2021 13:45

* Orbital Energy Group Inc  OEG.OQ   OEG.O  is expected to show
a rise in quarterly revenue when it reports results on May 17 .
* The Houston, Texas-based company is expected to report   a
172.8% increase in revenue to $15.515 million from $5.69 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Orbital Energy Group
Inc is for a loss of 15 cents per share. For the same quarter
last year, the company reported a loss of 24 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Orbital Energy
Group Inc is $15​, about 80.6% above​ its last closing price
of $2.91. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              -0.17      -0.26     Missed  -52.9
 Sep. 30 2020  -0.14       -0.14      -0.19     Missed  -39
 Jun. 30 2020  -0.24       -0.23      -0.16     Beat    30.4​
 Mar. 31 2020  -0.11       -0.11      -0.24     Missed  -118.2
 Dec.          ​           -0.11      0.16      Beat    239.1​
 31​ 2019​                                              
 Sep. 30 2019  -0.04       -0.04      -0.01     Beat    77.8​
 Jun. 30 2019  -0.09       -0.05      -0.09     Missed  -63.6
 Mar. 31 2019  -0.07       -0.07      -0.11     Missed  -57.1
 This summary was machine generated May 14 at 12:45 GMT.  All
figures in US dollars unless otherwise stated