ORN's fourth-quarter results reflect strong contributions from Marine and Concrete segments.
Orion Group Holdings, Inc. (NYSE:ORN ) Q4 2024 Earnings Conference Call March 5, 2025 9:00 AM ET Company Participants Margaret Boyce – Investor Relations Travis Boone – Chief Executive Officer Scott Thanisch – Chief Financial Officer Conference Call Participants Aaron Spychalla – Craig-Hallum Julio Romero – Sidoti & Co. Brent Thielman – D.A. Davidson Operator Good day, and welcome to the Orion Group Holdings Fourth Quarter and Full Year 2024 Conference Call.
Orion Marine Group (ORN) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.08 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Orion Marine (ORN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
ORN secures $211.7 million in new contracts, strengthening its Marine and Concrete units.
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Orion S.A. (OEC) stock has disappointed, and execution remains a primary concern. But the potential for substantial rewards exists if Orion can finally deliver on its growth projections and improve operational execution. Management's mid-cycle estimate of $500 million in Adjusted EBITDA "capacity" suggests significant upside, especially if cyclical trends turn favorable.
Orion Marine (ORN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
ORN benefits from increased government and private sector spending amid increased cost and expense struggles. Know which factors are affecting the stock.
Orion Group Holdings Inc ORN were climbing in early trading on Thursday, with optimism ahead of its fourth-quarter results.
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