Orbital Energy Group OEG reported its Q1 earnings results on Monday, May 16, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Orbital Energy Group missed estimated earnings by 800.0%, reporting an EPS of $-0.45 versus an estimate of $-0.05.
Revenue was up $60.76 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 1.08% drop in the share price the next day.
Here's a look at Orbital Energy Group's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.10 | -0.12 | -0.15 |
| EPS Actual | -0.21 | -0.16 | -0.16 | -0.40 |
| Revenue Estimate | 45.02M | 31.84M | 22.03M | 15.51M |
| Revenue Actual | 41.05M | 30.92M | 16.31M | 9.49M |
To track all earnings releases for Orbital Energy Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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