Orion Marine Group (ORN) Reports Q2 Loss, Misses Revenue Estimates

Orion Marine Group (ORN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.14 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -633.33%. A quarter ago, it was expected that this heavy civil marine contractor would post a loss of $0.18 per share when it actually produced a loss of $0.12, delivering a surprise of 33.33%. Over the last four quarters, the com ...