Orion Group Posts Q3 EPS of 14 Cents
ORN is trading near its 52-week low of $8.15 (12% above the low) on elevated volume (1.8× avg).
Summary
Orion Group reported third-quarter earnings per share of 14 cents, per Dow Jones, alongside net income of $5.47M and revenue up 14%. Adjusted EPS came in at 12 cents, and reported Adjusted EBITDA rose 37% to $17.9M. That is the first hard profit figure since the company posted a $4.1M Q2 loss and cut full-year EBITDA guidance by roughly 20% on marine project delays in late July. A positive EPS print would mark a turn from that loss, though the headline gives no margin or comparison to estimates, so the size of any beat is unknown. The company reiterated FY2026 guidance: revenue $900M-$950M, Adjusted EBITDA $50M-$54M and Adjusted EPS $0.23-$0.30. Context worth noting: insiders bought after the July guidance cut, with the CFO, EVP and a director purchasing shares in early August, and the company has since locked in employment agreements for the CEO, EVP and a new CFO.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Orion reiterated FY2026 guidance: revenue $900M-$950M, Adjusted EBITDA $50M-$54M, Adjusted EPS $0.23-$0.30, and reported Adjusted EBITDA up 37% to $17.9M.
At the time of this announcement, ORN was trading at $9.15 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $370.5M. The 52-week trading range was $8.15 to $17.40. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.