Orion Energy Systems (OESX) Set to Announce Quarterly Earnings on Wednesday

Orion Energy Systems (NASDAQ:OESX) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Orion Energy Systems has set its FY 2025 guidance at EPS.

Orion Energy Systems (NASDAQ:OESX) last posted its quarterly earnings data on Wednesday, August 7th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The company had revenue of $19.91 million during the quarter, compared to the consensus estimate of $19.16 million. Orion Energy Systems had a negative net margin of 9.47% and a negative return on equity of 48.47%. During the same period in the previous year, the firm posted ($0.18) EPS. On average, analysts expect Orion Energy Systems to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Orion Energy Systems Trading Up 1.0 %

Orion Energy Systems stock traded up $0.01 during mid-day trading on Tuesday, hitting $1.00. The company’s stock had a trading volume of 13,982 shares, compared to its average volume of 50,529. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.70 and a quick ratio of 1.06. The stock has a market cap of $32.74 million, a price-to-earnings ratio of -3.48 and a beta of 1.39. The business has a 50 day moving average price of $0.89 and a 200-day moving average price of $0.96. Orion Energy Systems has a 12 month low of $0.81 and a 12 month high of $1.53.

Wall Street Analysts Forecast Growth

OESX has been the topic of several research analyst reports. HC Wainwright reiterated a “buy” rating and set a $3.00 price target on shares of Orion Energy Systems in a research report on Thursday, August 8th. StockNews.com started coverage on shares of Orion Energy Systems in a report on Sunday. They issued a “hold” rating on the stock.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).