Orion Energy Systems (OESX) Set to Announce Quarterly 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 quarterly earnings data on Wednesday, August 7th. The electronics maker reported ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01. Orion Energy Systems had a negative net margin of 9.47% and a negative return on equity of 48.47%. The company had revenue of $19.91 million during the quarter, compared to analyst estimates of $19.16 million. During the same quarter last year, the business 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 Stock Up 1.0 %

Shares of OESX 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 current ratio of 1.70, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $32.74 million, a price-to-earnings ratio of -3.48 and a beta of 1.39. The company’s 50-day moving average is $0.89 and its 200-day moving average is $0.96. Orion Energy Systems has a 52-week low of $0.81 and a 52-week high of $1.53.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on OESX shares. StockNews.com assumed coverage on shares of Orion Energy Systems in a research note on Sunday. They issued a “hold” rating on the stock. HC Wainwright reiterated a “buy” rating and issued a $3.00 target price on shares of Orion Energy Systems in a research report on Thursday, August 8th.

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).