Orion Group Holdings Inc expected to post earnings of 7 cents a share - Earnings Preview

Orion group

29/10/2024 03:06

* Orion Group Holdings Inc  ORN.N   ORN  is expected to show
a
rise in quarterly revenue when it reports  results on October 30
for the period ending September 30 2024
    * The Houston Texas-based  company is expected to report a
39.6% increase in revenue to $235.114 million from $168.48
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Orion Group Holdings Inc
is
for earnings of 7 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 9.00​, above​ its last closing price of $5.40.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.02       -0.01      -0.16     Missed  -1,500
 Jan. 1 2024   -0.20       -0.18      -0.12     Beat    32.4
 Dec. 31 2023              0.04       0.08      Beat    88.2​
 Sep. 30 2023  -0.02       -0.01      0.02      Beat    260
 ​​Jun.        -0.16       -0.13      -0.14     Missed  -3.7
 30 2023                                                
 Jan. 1 0001   -0.09       -0.09      -0.32     Missed  -255.6
                                                        ​
 Dec. 31 2022              0.00       -0.12     Missed  -4,900
 Sep. 30 2022  0.01        0.01       0.02      Beat    166.7
 This summary was machine generated October 29 at 03:06 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)