Orion Group Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Orion Group Holdings Inc ORN.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -10 cents to 4 cents per share.

• Revenue rose 17.4% to $188.65 million from a year ago; analysts expected $170.47 million.

• Orion Group Holdings Inc's reported EPS for the quarter was a loss of 4 cents​.

• The company reported a quarterly loss of $1.41 million.

• Orion Group Holdings Inc shares had risen by 16.4% this quarter and lost 16.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 800.9% 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 & engineering peer group is also "buy"

• Wall Street's median 12-month price target for Orion Group Holdings Inc is $10.50

This summary was machine generated from LSEG data April 29 at 10:42 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)