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

Orion Energy Systems

04/06/2024 13:51

* Orion Energy Systems Inc  OESX.OQ   OESX.O  is expected
to show
a rise in quarterly revenue when it reports  results on June 6
for the period ending March 31 2024
    * The Manitowoc Wisconsin-based  company is expected to
report a
34.0% increase in revenue to $28.977 million from $21.63 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on February 7 2024,
for the period ended March 31, was for revenue between $26.00
million and $31.00 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 $3.00​, above​ its last closing price of $1.06.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.07       -0.07      -0.07     Met     4.5
 Sep. 30 0001  -0.15       -0.14      -0.14     Met     -2.4
 Jun. 30 2023  -0.11       -0.10      -0.21     Missed  -103.2
                                                        ​
 Jan. 1 0001   -0.07       -0.06      -0.16     Missed  -166.7
 ​​Dec.        -0.07       -0.07      -0.75     Missed  -1,024
 31 2022                                                .9
 Sep. 30 2022  -0.07       -0.07      -0.08     Missed  -14.3​
 Jun. 30 2022  -0.02       -0.02      -0.09     Missed  -260
 Jan. 1 0001   -0.02       0.00       -0.04     Missed  -1,500
 This summary was machine generated June 4 at 12:51 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)