Education
About Us
Working with TipRanks
Follow Us
Orion Group Holdings (ORN)
:ORN
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.12Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: 0.00%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in revenue, profitability, and backlog, along with strategic advancements and financial management improvements. However, there were challenges related to revenue shortfall due to project timing, increased SG&A expenses, and reduced cash flow. Overall, the positive aspects of growth and operational improvements overshadowed the lowlights.Company Guidance
During the Orion Group Holdings Fourth Quarter and Full Year 2024 Conference Call, several key metrics and guidance were highlighted. For the full year, Orion Group reported a 12% increase in revenue to $796 million and a 48% improvement in gross profit to $91 million. Adjusted EBITDA rose by 76%, with a 200 basis point increase in adjusted EBITDA margin to 5.3%. The company's backlog stood at $729 million, with a pipeline growth from $3 billion to $16 billion over the last two years. Looking ahead to 2025, Orion Group expects revenue between $800 million and $850 million and adjusted EBITDA ranging from $42 million to $46 million. Key metrics for 2025 also include an anticipated CapEx of $25 million to $35 million, with a focus on increasing the backlog as a primary indicator of future revenue. The company also reported adjusted earnings per share (EPS) of $0.15 for the full year 2024, with guidance for adjusted EPS in 2025 ranging from $0.11 to $0.17.Revenue Growth
Full year revenue was up 12% to $796 million year over year.
Gross Profit and EBITDA Improvement
Gross profit improved 48% to $91 million and adjusted EBITDA increased 76% with a margin increase of 200 basis points to 5.3%.
Significant Backlog and Pipeline Growth
Year-end backlog stood at $729 million, and the pipeline increased from $3 billion to $16 billion over the past two years.
Strong Q4 Performance
Q4 revenue increased 7.6% to $217 million, with adjusted EBITDA growing 15.3% to $17.1 million.
Concrete Business Turnaround
Concrete revenue increased 9.8% in Q4, with notable project wins and a healthier business outlook.
Marine Segment Opportunities
Marine segment growth driven by infrastructure, port expansion, and Navy projects, with significant opportunities in the Pacific region.
Positive Financial Management
Ended Q4 with $28.3 million in cash and a net cash position for the second consecutive quarter.
Improved Lending Terms
Executed an amendment to the credit agreement reducing term loan and revolver pricing by 50 basis points.
ERP and Operational Improvements
Considerable progress on ERP initiatives, providing better oversight and project management efficiencies.
---
ORN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
ORN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $6.45 | ― | ― |
| Oct 30, 2024 | $5.42 | $6.11 | +12.73% |
| Jul 24, 2024 | $11.04 | $7.91 | -28.35% |
| Apr 24, 2024 | $7.96 | $7.34 | -7.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Orion Group Holdings (ORN) report earnings?
Orion Group Holdings (ORN) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Orion Group Holdings (ORN) earnings time?
Orion Group Holdings (ORN) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ORN EPS forecast?
ORN EPS forecast for the fiscal quarter 2025 (Q1) is -0.05.
---