Orion Group Holdings Inc reports results for the quarter ended in December - Earnings Summary

Orion group

29/02/2024 24:40

* Orion Group Holdings Inc  ORN.N  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -12 cents.  The mean expectation of
four analysts for the quarter was for earnings of 4 cents per
share. Wall Street expected results to range from 2 cents to 8
cents per share.
    * Revenue rose 2.8% to $201.59 million from a year ago;
analysts
expected $191.31 million. 
    * Orion Group Holdings Inc's reported EPS for the quarter
was a
loss of 13 cents​.
    * The company reported a quarterly loss of $4.37 million.
    * Orion Group Holdings Inc shares had risen by 37.7% this
quarter.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Orion Group
Holdings Inc is $8.00 

This summary was machine generated from LSEG data February 29 at
12:39 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.04           0.08           Beat
 Sep. 30 2023      -0.01          0.02           Beat
 Jun. 30 2023      -0.13          -0.14          Missed
 Mar. 31 2023      -0.09          -0.32          Missed