Orbital Energy Group Inc expected to post a loss of 5  cents a share - Earnings Preview

Orbital Infrastructure

13/05/2022 13:34

* Orbital Energy Group Inc  OEG.OQ   OEG.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 16. 
    * The Houston Texas-based  company is expected to report  a
642.7% increase in revenue to $70.492 million from $9.49 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orbital Energy
Group Inc
is for a loss of 5 cents per share. For the same quarter last
year, the company reported a loss of 40 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $9.25​, above​ its last closing price of $0.88. ​​​

This summary was machine generated May 13 at 12:34 GMT.  All
figures in US dollars  unless otherwise stated