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Orion (NYSE:OEC) Posts Earnings Results, Misses Expectations By $0.02 EPS
['Danessa Lincoln']
Markets Daily
The specialty chemicals company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.02), FiscalAI reports.
Orion Stock PerformanceShares of Orion stock traded down $0.12 during trading hours on Wednesday, reaching $6.54.
The company’s stock had a trading volume of 468,824 shares, compared to its average volume of 589,707.
Dimensional Fund Advisors LP now owns 2,350,415 shares of the specialty chemicals company’s stock valued at $17,816,000 after purchasing an additional 7,045 shares during the period.
One analyst has rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock.