Orion Engineered Carbons-Orion (OEC) Q2 Earnings and Revenues Lag Estimates

Orion (OEC) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of$ 0.59 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -30.51%. A quarter ago, it was expected that this producer of the chemcial additive carbon black would post earnings of$ 0.63 per share when it actually produced earnings of $0.52, delivering a surprise of -17.46%. Over the l ...