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

Orbital Infrastructure

17/05/2021 15:29

* Orbital Energy Group Inc  OEG.OQ  reported a quarterly
adjusted loss of 40 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for a loss of 15 cents per share.
* Revenue rose 66.9% to $9.49 million from a year ago;  analysts
expected $15.52 million. 
* Orbital Energy Group Inc's reported EPS for the quarter was a
loss of 40 cents​.
* The mean earnings estimate of analysts had fallen by
about 119% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Orbital Energy Group Inc shares had fallen by 45.9% this
quarter and gained 50.7% so far this year.
* The company reported a quarterly loss of $17.95 million.
* Wall Street's median 12-month price target for Orbital Energy
Group Inc is $15.00 
* 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 May 17 at 02:29 p.m. GMT.
​All figures in US dollars