Orion Energy Systems Inc expected to post a loss of 10 cents a share - Earnings Preview

Orion Energy Systems

28/07/2023 18:29

* Orion Energy Systems Inc  OESX.OQ   OESX.O  is expected
to show
a rise in quarterly revenue when it reports  results on August
9. 
    * The Manitowoc Wisconsin-based  company is expected to
report  a
20.5% increase in revenue to $21.571 million from $17.91 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orion Energy
Systems Inc
is for a loss of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Orion
Energy
Systems Inc is $3​, above​ its last closing price of $1.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.07       -0.06      -0.16     Missed  -166.7
 Dec. 31 2023  -0.07       -0.07      -0.75     Missed  -1,024
                                                        .9
 Sep. 30 2022  -0.07       -0.07      -0.08     Missed  -14.3​
 Jun. 30 2022  -0.02       -0.02      -0.09     Missed  -260
 ​​Mar.        -0.02       0.00       -0.04     Missed  -1,500
 31 2022                                                
 Dec. 31 2021  0.03        0.05       0.04      Missed  -11.1​
 Sep. 30 2021  0.09        0.09       0.12      Beat    33.3
 Jun. 30 2021  0.07        0.08       0.08      Met     3.2
 This summary was machine generated July 28 at 17:29 GMT.  All
figures in US dollars  unless otherwise stated