Orion Energy Systems Inc reports results for the quarter ended in December - Earnings Summary

Orion Energy Systems

09/02/2022 14:31

* Orion Energy Systems Inc  OESX.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 5 cents per share.
    * Revenue fell 30.6% to $30.71 million from a year ago; 
analysts
expected $32.86 million. 
    * Orion Energy Systems Inc's reported EPS for the quarter
was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 53.8%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Orion Energy Systems Inc shares had fallen by 15.2% this
quarter.
    * The company reported quarterly net income of $1.1 million.
    * Wall Street's median 12-month price target for Orion
Energy
Systems Inc is $6.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 9 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated