Orion Gr Hldgs Q3 2024 Adj. EPS $0.16 Beats $0.07 Estimate, Sales $226.675M Miss $235.114M Estimate
Portfolio Pulse from Benzinga Newsdesk
Orion Gr Hldgs reported Q3 2024 earnings per share of $0.16, surpassing the analyst estimate of $0.07. However, their sales of $226.675 million fell short of the expected $235.114 million, despite a 34.54% increase from the previous year.
October 30, 2024 | 8:41 pm
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Orion Gr Hldgs reported better-than-expected Q3 2024 EPS of $0.16, but sales missed estimates at $226.675M. Sales increased by 34.54% YoY.
The significant EPS beat suggests strong profitability, which is positive for the stock. However, the sales miss could temper enthusiasm. The YoY sales growth is a positive indicator of business expansion.
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