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

Orion SA

02/08/2024 06:26

* Orion SA  OEC.N  reported quarterly adjusted earnings of
41
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of 53
cents.  The mean expectation of four analysts for the quarter
was for earnings of 56 cents per share. Wall Street expected
results to range from 55 cents to 59 cents per share.
    * Revenue rose 4% to $477.00 million from a year ago;
analysts
expected $491.24 million. 
    * Orion SA's reported EPS for the quarter was 35 cents​.
    * The company reported quarterly net income of $20.5
million.
    * Orion SA shares had risen by 5.0% this quarter and
lost 16.9% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
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 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
$31.50 
This summary was machine generated from LSEG data August 2 at
05:26 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
 Jan. 1 0001       0.57           0.41           Missed
 Mar. 31 2024      0.48           0.52           Beat
 Dec. 31 2023      0.34           0.17           Missed
 Sep. 30 2023      0.46           0.49           Beat