Orion Group Holdings, Inc. ($ORN) 3Q20 Earnings Sneak Peek

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Orion Group Holdings, Inc. (NYSE:ORN) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.

According to analysts surveyed by Thomson Reuters, ORN is expected to report 3Q20 income of $ 0.08 per share from revenue of $ 183.62 million.

For the full year, analysts anticipate top line of $ 712.90 million, while looking forward to income of $ 0.28 per share bottom line.

Previous Quarter Performance

Orion Group Holdings, Inc. posted income for the second quarter of $ 0.04 per share, from the revenue of $ 183.71 million. According to street consensus, revenue of $ 162.13 million was expected for the second quarter The top line results outshined analysts by $ 21.58 million or 13.31 percent.

Stock Performance

Shares of Orion Group Holdings, Inc. traded low $ -0.05 or -1.68 percent on Tuesday, reaching $ 2.93 with volume of 100.20 thousand shares. Orion Group Holdings, Inc. has traded high as $ 3.00 and has cracked $ 2.82 on the downward trend

According to the previous trading day, closing price of $ 2.93, representing a 94.77 % increase from the 52 week low of $ 1.53 and a 50.25 % decrease over the 52 week high of $ 5.99.

The company has a market capital of $ 88.92 million and is part of the Industrials sector and Engineering & Construction industry.

Orion Group Holdings, Inc. operates as a specialty construction company in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete.