Orion SA reports results for the quarter ended in December - Earnings Summary

Orion SA

15/02/2024 24:09

* Orion SA  OEC.N  reported quarterly adjusted earnings of
17
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 26
cents.  The mean expectation of four analysts for the quarter
was for earnings of 34 cents per share. Wall Street expected
results to range from 25 cents to 44 cents per share.
    * Revenue rose 1.3% to $468.20 million from a year ago;
analysts
expected $421.69 million. 
    * Orion SA's reported EPS for the quarter was 8 cents​.
    * The company reported quarterly net income of $4.9 million.
    * Orion SA shares had fallen by 16.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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
$32.00 
This summary was machine generated from LSEG data February 15 at
12:08 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      0.34           0.17           Missed
 Sep. 30 2023      0.46           0.49           Beat
 Jun. 30 2023      0.52           0.53           Beat
 Mar. 31 2023      0.53           0.74           Beat