Orion Group (NYSE:ORN) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Orion Group (NYSE:ORNGet Free Report) issued its quarterly earnings results on Tuesday. The construction company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01, Zacks reports. Orion Group had a negative return on equity of 0.71% and a negative net margin of 1.63%. The firm had revenue of $216.88 million during the quarter, compared to analysts’ expectations of $271.70 million. During the same period in the prior year, the firm posted $0.08 earnings per share. Orion Group updated its FY 2025 guidance to 0.110-0.170 EPS.

Orion Group Price Performance

NYSE:ORN opened at $5.80 on Thursday. The firm has a market capitalization of $225.43 million, a price-to-earnings ratio of -14.49, a P/E/G ratio of 1.10 and a beta of 0.93. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.24. Orion Group has a 12-month low of $4.85 and a 12-month high of $12.12. The stock’s 50 day moving average price is $7.62 and its two-hundred day moving average price is $7.25.

Wall Street Analysts Forecast Growth

Separately, DA Davidson initiated coverage on Orion Group in a research report on Friday, January 17th. They set a “buy” rating and a $11.00 price target for the company.

Read Our Latest Report on Orion Group

About Orion Group

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Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.

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Earnings History for Orion Group (NYSE:ORN)

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