Orion Engineered sees FY24 adjusted EPS $1.75-$1.95, consensus $2.15

“We are revising our 2024 guidance for the year of an Adjusted EBITDA range of $315 million to $330 million and an Adjusted Diluted EPS range of $1.75 per share to $1.95 per share. Free cash flow should be $0 to $25 million this year. For planning purposes, and given considerable macro uncertainty, we are not anticipating any meaningful economic improvement over the balance of 2024,” stated Corning Painter, Orion’s Chief Executive Officer