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

Orion Energy Systems

05/02/2024 14:46

* Orion Energy Systems Inc  OESX.OQ   OESX.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
7 for the period ending December 31 2023
    * The Manitowoc Wisconsin-based  company is expected to
report a
33.2% increase in revenue to $27.031 million from $20.29 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on January 18 2024,
for the period ended December 31, was for revenue of $26.000
million.
    * ​LSEG'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 3 "strong buy" or "buy," no
"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 $3.50​, above​ its last closing price of $1.02.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.15       -0.14      -0.14     Met     -2.4
 Jun. 30 2023  -0.11       -0.10      -0.21     Missed  -103.2
 Mar. 31 2023  -0.07       -0.06      -0.16     Missed  -166.7
                                                        ​
 Dec. 31 2022  -0.07       -0.07      -0.75     Missed  -1,024
                                                        .9
 ​​Sep.        -0.07       -0.07      -0.08     Missed  -14.3
 30 2022                                                
 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
 This summary was machine generated February 5 at 14:45 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)