Orion SA reports results for the quarter - Earnings Summary

Orion SA

08/11/2024 16:28

* Orion SA  OEC.N  reported quarterly adjusted earnings of
47
cents​​ per share for the quarter , lower than the same quarter
last year, when the company reported EPS of 49 cents.  The mean
expectation of four analysts for the quarter was for earnings of
47 cents per share. Wall Street expected results to range from
44 cents to 53 cents per share.
    * Revenue fell 0.6% to $463.40 million from a year ago;
analysts
expected $480.67 million. 
    * Orion SA's reported EPS for the quarter was a loss of 35
cents​.
    * The company reported a quarterly loss of $20.2 million.
    * Orion SA shares had fallen by 7.7% this quarter and
lost 40.7%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
chemicals
peer group is also "buy"

Wall Street's median 12-month price target for Orion SA is
$26.00 
This summary was machine generated from LSEG data November 8 at
04:28 p.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      0.47           0.47           Met
 Jun. 30 2024      0.57           0.41           Missed
 Mar. 31 2024      0.48           0.52           Beat
 Dec. 31 2023      0.34           0.17           Missed