Orion Group Holdings, Inc. Reports First Quarter 2021 Results

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Orion Marine Group (ORN) Tops Q1 EPS by 2c, Revenues Miss

April 28, 2021 5:09 PM EDT

Orion Marine Group (NYSE: ORN) reported Q1 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $153.3 million versus the consensus estimate of $155.1 million.

First Quarter 2021 Highlights

Operating income was $2.1 million for the first quarter of 2021 compared to operating income of $4.4 million for the first quarter of 2020.Net income was $0.9 million ($0.03 diluted earnings per share) for the first quarter of 2021 compared to net income of $2.7 million ($0.09 diluted earnings per share) for the first quarter of 2020.The first quarter 2021 net income included $0.5 million ($0.01 earnings per diluted share)... More