Orion Engineered Carbons SA reports results for the quarter ended in March - Earnings Summary

Orion SA

05/05/2023 19:40

* Orion Engineered Carbons SA  OEC.N  reported quarterly
adjusted
earnings of 74 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 53 cents per share.
    * Revenue rose 3.3% to $500.70 million from a year ago;
analysts
expected $515.48 million. 
    * Orion Engineered Carbons SA's reported EPS for the quarter
was
70 cents​.
    * The mean earnings estimate of analysts had risen by
about 7.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Orion Engineered Carbons SA shares had fallen by 11.2%
this
quarter and gained 30.0% so far this year.
    * The company reported quarterly net income of $42.3
million.
    * Wall Street's median 12-month price target for Orion
Engineered
Carbons SA is $34.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 06:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.53           0.74           Beat
 Dec. 31 2022      0.17           0.26           Beat
 Sep. 30 2022      0.56           0.57           Beat
 Jun. 30 2022      0.62           0.58           Missed