Orion Energy Systems (OESX) Projected to Post Quarterly Earnings on Wednesday

Orion Energy Systems (NASDAQ:OESX) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of ($0.02) per share and revenue of $26.52 million for the quarter.

Orion Energy Systems (NASDAQ:OESX) last announced its quarterly earnings data on Wednesday, November 6th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.02). Orion Energy Systems had a negative net margin of 8.76% and a negative return on equity of 48.81%. The company had revenue of $19.36 million for the quarter, compared to analysts’ expectations of $19.40 million. During the same period in the prior year, the firm earned ($0.14) 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 Stock Up 0.1 %

Shares of NASDAQ OESX opened at $0.80 on Wednesday. Orion Energy Systems has a 52-week low of $0.68 and a 52-week high of $1.53. The firm has a fifty day moving average of $0.82 and a 200-day moving average of $0.89. The stock has a market capitalization of $26.37 million, a PE ratio of -3.20 and a beta of 1.32. The company has a quick ratio of 0.93, a current ratio of 1.49 and a debt-to-equity ratio of 0.77.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Orion Energy Systems in a report on Wednesday, January 22nd. They issued a “hold” rating for the company.

About Orion Energy Systems

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).