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

Orbital Infrastructure

15/11/2021 15:26

* Orbital Energy Group Inc  OEG.OQ  reported a quarterly
adjusted loss of 16 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 10 cents per share.
* Revenue rose 127.1% to $30.92 million from a year ago; 
analysts expected $31.84 million. 
* Orbital Energy Group Inc's reported EPS for the quarter was a
loss of 16 cents​.
* The mean earnings estimate of analysts had fallen by
about 76.5% 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 12.3% this
quarter and gained 23.3% so far this year.
* The company reported a quarterly loss of $10.15 million.
* Wall Street's median 12-month price target for Orbital Energy
Group Inc is $10.70 
* 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 November 15 at 03:26 p.m.
 ​All figures in US dollars unless otherwise stated