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

Orion Energy Systems

06/06/2023 14:31

* Orion Energy Systems Inc  OESX.OQ  reported a quarterly
adjusted
loss of 16 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 6 cents per share.
    * Revenue fell 1.9% to $21.63 million from a year ago;
analysts
expected $22.58 million. 
    * Orion Energy Systems Inc's reported EPS for the quarter
was a
loss of 16 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Orion Energy Systems Inc shares had fallen by 26.1% this
quarter and lost 17.6% so far this year.
    * The company reported a quarterly loss of $5.12 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 LSEG Refinitiv data June
6 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.06          -0.16          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