Orion Group Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Results

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Go back to Orion Group Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Results

Orion Marine Group (ORN) Tops Q4 EPS by 4c, Revenues Miss

February 24, 2021 5:05 PM EST

Orion Marine Group (NYSE: ORN) reported Q4 EPS of $0.12, $0.04 better than the analyst estimate of $0.08. Revenue for the quarter came in at $170.18 million versus the consensus estimate of $180.36 million.

Fourth Quarter 2020 Highlights

Operating income was $5.1 million for the fourth quarter of 2020 compared to operating income of $2.7 million for the fourth quarter of 2019.Net income was $3.7 million ($0.12 diluted earnings per share) for the fourth quarter of 2020 compared to net income of $0.2 million ($0.01 diluted earnings per share) for the fourth quarter of 2019.The fourth quarter 2020 net income included $0.6 million ($0.02 earnings per diluted share)... More