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

Orion SA

03/05/2024 03:53

* Orion SA  OEC.N  reported quarterly adjusted earnings of
52
cents​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of 74
cents.  The mean expectation of five analysts for the quarter
was for earnings of 48 cents per share. Wall Street expected
results to range from 38 cents to 63 cents per share.
    * Revenue rose 0.4% to $502.90 million from a year ago;
analysts
expected $506.43 million. 
    * Orion SA's reported EPS for the quarter was 45 cents​.
    * The company reported quarterly net income of $26.7
million.
    * Orion SA shares had risen by 0.4% this quarter and
lost 14.9% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.7%
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 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Orion SA is
$31.00 

This summary was machine generated from LSEG data May 3 at 02:53
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
 Mar. 31 2024      0.48           0.52           Beat
 Dec. 31 2023      0.34           0.17           Missed
 Sep. 30 2023      0.46           0.49           Beat
 Jun. 30 2023      0.52           0.53           Beat