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

Orion Energy Systems (NASDAQ:OESX) is set 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 issued its quarterly earnings results on Wednesday, August 7th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.01. The firm had revenue of $19.91 million for the quarter, compared to analyst estimates of $19.16 million. Orion Energy Systems had a negative return on equity of 48.47% and a negative net margin of 9.47%. During the same period in the previous year, the company posted ($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 Price Performance

Shares of OESX stock remained flat at $0.99 during mid-day trading on Tuesday. The company’s stock had a trading volume of 16,172 shares, compared to its average volume of 50,530. Orion Energy Systems has a 52 week low of $0.81 and a 52 week high of $1.53. The company has a market capitalization of $32.42 million, a price-to-earnings ratio of -3.48 and a beta of 1.39. The company has a 50 day moving average of $0.89 and a 200 day moving average of $0.96. The company has a current ratio of 1.70, a quick ratio of 1.06 and a debt-to-equity ratio of 0.70.

Analyst Ratings Changes

Several brokerages recently commented on OESX. StockNews.com began coverage on Orion Energy Systems in a research report on Sunday. They issued a “hold” rating for the company. HC Wainwright reiterated a “buy” rating and set 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).