Orion Energy Systems Inc expected to post a loss of 7 cents a share - Earnings Preview

Orion Energy Systems

07/02/2023 19:32

* Orion Energy Systems Inc  OESX.OQ   OESX.O  is expected
to show
a fall in quarterly revenue when it reports  results on February
9. 
    * The Manitowoc Wisconsin-based  company is expected to
report  a
35.4% decrease in revenue to $19.826 million from $30.71 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on January 23
2023, for the period ended December 31, was for revenue of
$20.000 million.
    * ​Refinitiv's mean analyst estimate for Orion Energy
Systems Inc
is for a loss of 7 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 $1.82. ​​​

The company's guidance on January 23 2023 for the period ended
December 31 was for gross profit margin of USD25%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.07       -0.07      -0.08     Missed  -14.3
 Jun. 30 2022  -0.02       -0.02      -0.09     Missed  -260
 Mar. 31 2022  -0.02       0.00       -0.04     Missed  -1,500
                                                        ​
 Dec. 31 2021  0.03        0.05       0.04      Missed  -11.1
 ​​Sep.        0.09        0.09       0.12      Beat    33.3
 30 2021                                                
 Jun. 30 2021  0.07        0.08       0.08      Met     3.2​
 Mar. 31 2021  0.08        0.10       0.71      Beat    592.7
 Dec. 31 2020  0.17        0.17       0.14      Missed  -18.8
 This summary was machine generated February 7 at 19:32 GMT.  All
figures in US dollars  unless otherwise stated