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

Orion SA

02/11/2023 22:49

* Orion SA  OEC.N  reported quarterly adjusted earnings of
49
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of 57
cents.  The mean expectation of four analysts for the quarter
was for earnings of 46 cents per share. Wall Street expected
results to range from 42 cents to 50 cents per share.
    * Revenue fell 14.2% to $466.20 million from a year ago;
analysts
expected $502.84 million. 
    * Orion SA's reported EPS for the quarter was 44 cents​.
    * The company reported quarterly net income of $26.2
million.
    * Orion SA shares had fallen by 4.2% this quarter and
gained 14.5%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20.8%
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," 1
"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 November 2 at
10:49 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2022      0.17           0.26           Beat