Orion Group Holdings Inc expected to post earnings of 4 cents a share - Earnings Preview

Orion group

05/02/2024 11:03

* Orion Group Holdings Inc  ORN.N   ORN  is expected to show
a
fall in quarterly revenue when it reports  results on February 7
(estimated) for the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
2.5% decrease in revenue to $191.307 million from $196.2 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Orion Group Holdings Inc
is
for earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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 $6.25​, above​ its last closing price of $5.90.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.02       -0.01      0.02      Beat    260
 Jun. 30 2023  -0.16       -0.13      -0.14     Missed  -3.7
 Mar. 31 2023  -0.09       -0.09      -0.32     Missed  -255.6
                                                        ​
 Dec. 31 2022              0.00       -0.12     Missed  -4,900
 ​​Sep.        0.01        0.01       0.02      Beat    166.7
 30 2022                                                
 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. 31 2021  -0.11       -0.09      -0.17     Missed  -78.9
 This summary was machine generated February 5 at 11:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)