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

Orion group

09/05/2023 19:15

* Orion Group Holdings Inc  ORN.N  reported a quarterly
adjusted
loss of 32 cents​​ per share for the quarter ended in March. The
mean expectation of four analysts for the quarter was for a loss
of 9 cents per share.
    * Revenue fell 9% to $159.17 million from a year ago;
analysts
expected $177.60 million. 
    * Orion Group Holdings Inc's reported EPS for the quarter
was a
loss of 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 200%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Orion Group Holdings Inc shares had fallen by 1.5% this
quarter and gained 7.1% so far this year.
    * The company reported a quarterly loss of $12.6 million.
    * Wall Street's median 12-month price target for Orion Group
Holdings Inc is $4.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 06:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.09          -0.32          Missed
 Dec. 31 2022      0.00           -0.12          Missed
 Sep. 30 2022      0.01           0.02           Beat
 Jun. 30 2022      -0.05          -0.03          Beat