Orion Energy Systems Inc reports results for the quarter ended December 31 - Earnings Summary

• Orion Energy Systems Inc OESX.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of three analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -4 cents per share.

• Revenue fell 24.6% to $19.58 million from a year ago; analysts expected $27.27 million.

• Orion Energy Systems Inc's reported EPS for the quarter was a loss of 5 cents​.

• The company reported a quarterly loss of $1.51 million.

• Orion Energy Systems Inc shares had risen by 3.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 66.7% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

This summary was machine generated from LSEG data February 11 at 02:31 p.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)