Orion Group Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Orion group

31/10/2024 02:41

* Orion Group Holdings Inc  ORN.N  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 2 cents.  The mean expectation of three analysts
for the quarter was for earnings of 7 cents per share. Wall
Street expected results to range from 5 cents to 9 cents per
share.
    * Revenue rose 34.5% to $226.68 million from a year ago;
analysts
expected $235.11 million. 
    * Orion Group Holdings Inc's reported EPS for the quarter
was 12
cents​.
    * The company reported quarterly net income of $4.26
million.
    * Orion Group Holdings Inc shares had fallen by 7.3% this
quarter and gained 8.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.8%
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." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Orion Group
Holdings Inc is $9.00 
This summary was machine generated from LSEG data October 31 at
02:40 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
 Sep. 30 2024      0.07           0.16           Beat
 Jun. 30 2024      -0.01          -0.16          Missed
 Mar. 31 2024      -0.18          -0.12          Beat
 Dec. 31 2023      0.04           0.08           Beat