Orbital Energy Group Inc reports results for the quarter ended in June - Earnings Summary

Orbital Infrastructure

16/08/2021 14:44

* Orbital Energy Group Inc  OEG.OQ  reported a quarterly
adjusted loss of 16 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 11 cents per share.
* Revenue rose 109.7% to $16.31 million from a year ago; 
analysts expected $22.03 million. 
* Orbital Energy Group Inc's reported EPS for the quarter was a
loss of 16 cents​.
* The mean earnings estimate of analysts had risen by about 8.3%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Orbital Energy Group Inc shares had fallen by 27.9% this
quarter and gained 43.8% so far this year.
* The company reported a quarterly loss of $8.21 million.
* Wall Street's median 12-month price target for Orbital Energy
Group Inc is $10.00 
* 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." 
This summary was machine generated August 16 at 01:44 p.m.  ​All
figures in US dollars unless otherwise stated