* Orion Group Holdings Inc reported quarterly adjusted earnings of 16 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of three analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 9 cents per share.
* Revenue rose 34.5% to $226.68 million from a year ago; analysts expected $235.11 million.
* Orion Group Holdings Inc's reported EPS for the quarter was 12 cents.
* The company reported quarterly net income of $4.26 million.
* Orion Group Holdings Inc shares had fallen by 7.3% this quarter and gained 8.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 23.8% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the construction & engineering peer group is also "buy"
Wall Street's median 12-month price target for Orion Group Holdings Inc is $9.00 This summary was machine generated from LSEG data October 31 at 02:40 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
Sep. 30 2024 0.07 0.16 Beat
Jun. 30 2024 -0.01 -0.16 Missed
Mar. 31 2024 -0.18 -0.12 Beat
Dec. 31 2023 0.04 0.08 Beat
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