Orion Group Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Orion group

06/05/2023 03:11

* Orion Group Holdings Inc  ORN.N   ORN  is expected to show
a
rise in quarterly revenue when it reports  results on May 8. 
    * The Houston Texas-based  company is expected to report  a
1.5% increase in revenue to $177.599 million from $174.93
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orion Group
Holdings Inc
is for a loss of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Group
Holdings Inc is $4​, above​ its last closing price of $2.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              0.00       -0.12     Missed  -4,900
 Sep. 30 2022  0.01        0.01       0.02      Beat    166.7
 Jun. 30 2022  -0.04       -0.05      -0.03     Beat    45.5​
 Mar. 31 2022  -0.11       -0.11      -0.10     Beat    9.1
 ​​Dec.        -0.11       -0.09      -0.17     Missed  -78.9
 31 2021                                                
 Sep. 30 2021  -0.11       -0.13      -0.27     Missed  -107.7
                                                        ​
 Jun. 30 2021  0.09        0.08       0.05      Missed  -39.4
 Mar. 31 2021  0.02        0.02       0.04      Beat    100
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated