Bloomberg's Ed Ludlow tries on Meta's new Orion augmented reality glasses.
OESX is set to manage, install, and commission LED lighting systems for an automotive OEM customer.
Investors interested in stocks from the Building Products - Heavy Construction sector have probably already heard of Vinci SA (VCISY) and Orion Marine Group (ORN). But which of these two stocks is more attractive to value investors?
I view the 22% selloff following Q2 2024 earnings results as exaggerated, given the company's underlying financial performance and potential for recovery. Challenges in the rubber segment include increased tire imports from Southeast Asia, and a decline in cogeneration profitability due to lower European power prices and plant downtimes. Positive Q4 outlook for cogeneration, as energy prices rise in Europe approaching winter, and planned end of downtime in the Louisiana plant by Q3.
Investors with an interest in Building Products - Heavy Construction stocks have likely encountered both Vinci SA (VCISY) and Orion Marine Group (ORN). But which of these two stocks offers value investors a better bang for their buck right now?
Orion Group Holdings, Inc. (NYSE:ORN ) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Margaret Boyce - IR Travis Boone - CEO Scott Thanisch - CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Julio Romero - Sidoti & Company Min Cho - B. Riley Securities David Storms - Stonegate Capital Operator Good day, and welcome to the Orion Group Holdings Second Quarter of 2024 Conference Call.
While the top- and bottom-line numbers for Orion Marine (ORN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Orion Marine Group (ORN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.14 per share a year ago.
New contracts in Florida and Texas are set to boost Orion's (ORN) revenues and market presence.
Orion Office REIT Inc. has shed nearly 50% of its value in the past year, rearranging its dividend and valuation outlook. We argue that Orion is best left alone, as the Office REIT environment faces systematic pressure. Moreover, we dislike Orion's key portfolio metrics. Furthermore, we think Orion faces liability-level challenges, which could coalesce with its lease term structuring to wreak havoc.
Orion Office REIT is trading at about 25% of the estimated NAV. We have had Sell and Strong Sell ratings on this in the past. We tell you why we are doubling down on our Sell rating this far below the estimated NAV.