Orion Gr Hldgs Q2 Adj EPS $(0.14) Misses $(0.13) Estimate, Sales $182.53M Beat $179.73M Estimate
Portfolio Pulse from totan@benzinga.com
Orion Gr Hldgs (NYSE:ORN) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.13) by 7.69%. This is a 366.67% increase in losses from the same period last year. However, the company's quarterly sales of $182.53 million beat the analyst consensus estimate of $179.73 million by 1.56%, despite a 6.19% decrease from last year.
July 26, 2023 | 8:15 pm
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Orion Gr Hldgs reported a larger than expected Q2 loss but beat sales estimates. This mixed result could lead to uncertainty in the market.
Orion Gr Hldgs reported a larger than expected loss for Q2, which is negative for the stock. However, they beat sales estimates, which is positive. The mixed result could lead to uncertainty in the market, making it difficult to predict the short term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100