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

Orbital Infrastructure

16/05/2022 14:31

* Orbital Energy Group Inc  OEG.OQ  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in March. The
mean expectation of two analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 640.2% to $70.25 million from a year ago; 
analysts
expected $70.49 million. 
    * Orbital Energy Group Inc's reported EPS for the quarter
was a
loss of 1 cent​.
    * The mean earnings estimate of analysts was unchanged 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 49.1% this
quarter and lost 57.2% so far this year.
    * The company reported a quarterly loss of $37.62 million.
    * Wall Street's median 12-month price target for Orbital
Energy
Group Inc is $9.25 
    * 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." 

This summary was machine generated May 16 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated