Orion S.A. shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Orion S.A. shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 adjusted EPS guidance below estimates.
August 02, 2024 | 4:04 pm
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NEGATIVE IMPACT
Orion S.A. shares are trading lower due to disappointing Q2 financial results and FY24 adjusted EPS guidance below estimates.
The company's worse-than-expected Q2 financial results and lower-than-expected FY24 adjusted EPS guidance are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100