Orion (ORN) Reports Q4: Everything You Need To Know Ahead Of Earnings

Marine infrastructure company Orion (NYSE:ORN) will be reporting earnings tomorrow afternoon. Here’s what to look for.

Orion met analysts’ revenue expectations last quarter, reporting revenues of $225.1 million, flat year on year. It was a strong quarter for the company, with a beat of analysts’ EPS estimates and full-year EBITDA guidance slightly topping analysts’ expectations.

Is Orion a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Orion’s revenue to grow 2.6% year on year, slowing from the 7.6% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Orion has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Orion’s peers in the construction and maintenance services segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Comfort Systems delivered year-on-year revenue growth of 41.7%, beating analysts’ expectations by 13%, and MYR Group reported revenues up 17.3%, topping estimates by 8%. Comfort Systems traded up 6.5% following the results while MYR Group’s stock price was unchanged.

Read our full analysis of Comfort Systems’s results here and MYR Group’s results here.

There has been positive sentiment among investors in the construction and maintenance services segment, with share prices up 4.7% on average over the last month. Orion is up 6.4% during the same time and is heading into earnings with an average analyst price target of $15.90 (compared to the current share price of $13.73).

Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.