Orion Marine Group, Inc. Reports Fourth Quarter and Full Year 2015 Results
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Orion Marine Group (ORN) Tops Q4 EPS by 3c, Offers Outlook
March 10, 2016 7:12 AM ESTOrion Marine Group (NYSE: ORN) reported Q4 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $161.9 million versus the consensus estimate of $166.66 million.
Outlook
"We continue to see solid demand for our services that should support improved results in 2016," said Mr. Stauffer. "With the remaining three Tampa projects that experienced issues in the third quarter nearing completion, we are excited to capitalize on improving markets in the Heavy Civil Marine Construction segment. Additionally, the market in our Commercial Concrete Construction segment remains solid, with ample... More
