Orion Group Holdings Inc (ORN, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $235.11 million, and the earnings are expected to come in at $0.04 per share. The full year 2024's revenue is expected to be $853.14 million and the earnings are expected to be -$0.14 per share. More detailed estimate data can be found on the Forecast page.
Orion Group Holdings Inc (ORN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Orion Group Holdings Inc (ORN) for the full year 2024 have declined from $854.98 million to $853.14 million. For 2025, revenue estimates have increased from $944.07 million to $951.80 million. Earnings estimates have also seen changes; for the full year 2024, estimates declined from -$0.10 per share to -$0.14 per share. For 2025, earnings estimates have decreased from $0.36 per share to $0.34 per share.
Orion Group Holdings Inc (ORN, Financial) Reported History
In the previous quarter of June 30, 2024, Orion Group Holdings Inc's (ORN) actual revenue was $192.17 million, which missed analysts' revenue expectations of $192.79 million by -0.32%. Orion Group Holdings Inc's (ORN) actual earnings were -$0.20 per share, which missed analysts' earnings expectations of -$0.023 per share by -769.57%. After releasing the results, Orion Group Holdings Inc (ORN) was down by -6.99% in one day.
Orion Group Holdings Inc (ORN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 3 analysts, the average target price for Orion Group Holdings Inc (ORN) is $10.67 with a high estimate of $14 and a low estimate of $9. The average target implies an upside of 97.53% from the current price of $5.40.
Based on GuruFocus estimates, the estimated GF Value for Orion Group Holdings Inc (ORN, Financial) in one year is $4.53, suggesting a downside of -16.11% from the current price of $5.40.
Based on the consensus recommendation from 2 brokerage firms, Orion Group Holdings Inc's (ORN, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
