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

Orion Energy Systems (NASDAQ:OESX) is scheduled to announce its earnings results 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 announced its earnings results on Wednesday, August 7th. The electronics maker reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The business 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 quarter last year, the firm earned ($0.18) earnings per share. 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 0.0 %

OESX traded up $0.00 during trading on Tuesday, reaching $0.99. 13,538 shares of the stock traded hands, compared to its average volume of 50,528. The stock’s 50-day moving average is $0.89 and its 200 day moving average is $0.96. Orion Energy Systems has a 12 month low of $0.81 and a 12 month high of $1.53. The company has a quick ratio of 1.06, a current ratio of 1.70 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $32.42 million, a PE ratio of -3.48 and a beta of 1.39.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on OESX shares. StockNews.com initiated coverage on Orion Energy Systems in a research note on Sunday. They set a “hold” rating for the company. HC Wainwright reaffirmed a “buy” rating and set a $3.00 price objective on shares of Orion Energy Systems in a research report on Thursday, August 8th.

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).