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

Orion Energy Systems

09/02/2023 14:33

* Orion Energy Systems Inc  OESX.OQ  reported a quarterly
adjusted
loss of 75 cents​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue fell 33.9% to $20.29 million from a year ago;
analysts
expected $19.83 million. 
    * Orion Energy Systems Inc's reported EPS for the quarter
was a
loss of 75 cents​.
    * The mean earnings estimate of analysts had fallen by
about 122.2% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Orion Energy Systems Inc shares had fallen by 0.5% this
quarter.
    * The company reported a quarterly loss of $24.06 million.
    * Wall Street's median 12-month price target for Orion
Energy
Systems Inc is $3.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.07          -0.75          Missed
 Sep. 30 2022      -0.07          -0.08          Missed
 Jun. 30 2022      -0.02          -0.09          Missed
 Mar. 31 2022      0.00           -0.04          Missed