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

Orion Energy Systems

08/11/2022 14:33

* Orion Energy Systems Inc  OESX.OQ  reported a quarterly
adjusted
loss of 8 cents​​ per share for the quarter ended in September.
The mean expectation of three analysts for the quarter was for a
loss of 7 cents per share.
    * Revenue fell 51.9% to $17.56 million from a year ago;
analysts
expected $19.10 million. 
    * Orion Energy Systems Inc's reported EPS for the quarter
was a
loss of 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 75%
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 risen by 4.5% this
quarter and lost 55.0% so far this year.
    * The company reported a quarterly loss of $2.33 million.
    * Wall Street's median 12-month price target for Orion
Energy
Systems Inc is $4.00 
    * 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 November
8 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.05           0.04           Missed