NYSE$ORN
Orion Group Holdings Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Second quarter results reported with revenue of $192.2 million and Adjusted EBITDA of $5.5 million.
Orion Group Holdings reported second-quarter results with revenue of $192.2 million and an adjusted EBITDA of $5.5 million. Despite logistical setbacks with two large projects, the company is on track for a strong second half. However, due to these delays, the company is lowering its annual guidance to a revenue range of $850 million to $900 million and an Adjusted EBITDA range of $40 million to $45 million.
- Contract revenues of $192.2 million
- GAAP net loss of $6.6 million or $0.20 per diluted share
- Adjusted net loss of $5.2 million or $0.16 per diluted share
- Adjusted EBITDA of $5.5 million
Headline financials
Revenue & EPS history
Orion Group · Revenue · Quarterly
$192M
Revenue by segment
Orion Group · $168M total across 2 segments · Q3 2023
- Concrete$87.6M-17.8%52.0%
- Marine$80.9M+6.3%48.0%
Forward guidance
Orion Group Holdings is lowering its annual guidance to a revenue range of $850 million to $900 million and an Adjusted EBITDA range of $40 million to $45 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.2%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+3.4%
Avg return
30 days after
48%
31 / 65 earnings
Positive
+20.0%
Q1 2020
Best reaction
-33.4%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.9% | +26.4% | +18.6% | |
| Q4 2025 | +0.0% | -12.2% | -14.4% | |
| Q3 2025 | +11.7% | +4.7% | -2.1% | |
| Q1 2025 | +0.9% | +13.1% | +30.2% | |
| Q4 2024 | -10.4% | -16.4% | -22.0% | |
| Q3 2024 | +14.2% | +17.8% | +63.0% | |
| Q2 2024 | -33.4% | -28.6% | -34.0% | |
| Q1 2024 | -3.7% | -9.3% | +15.2% | |
| Q4 2023 | -11.9% | +0.4% | +20.6% | |
| Q3 2023 | -2.1% | -19.4% | -13.9% | |
| Q2 2023 | +6.7% | +19.8% | +36.7% | |
| Q1 2023 | -3.4% | -7.3% | +0.8% | |
| Q4 2022 | +1.1% | -2.2% | -7.5% | |
| Q3 2022 | -5.7% | -13.3% | -7.2% | |
| Q2 2022 | +5.9% | +6.7% | +26.4% | |
| Q1 2022 | +9.3% | +23.6% | +12.0% | |
| Q4 2021 | -23.7% | -28.6% | -14.0% | |
| Q3 2021 | -6.0% | -6.2% | -8.8% | |
| Q2 2021 | -3.5% | -7.3% | -5.5% | |
| Q1 2021 | -5.9% | -7.3% | +1.4% | |
| Q4 2020 | +0.3% | -3.3% | -3.3% | |
| Q3 2020 | +6.8% | +22.2% | +47.4% | |
| Q2 2020 | +9.2% | +12.9% | -0.4% | |
| Q1 2020 | +20.0% | +16.2% | +25.2% | |
| Q4 2019 | -6.1% | -8.6% | -40.7% | |
| Q3 2019 | +14.5% | +25.0% | +28.7% | |
| Q2 2019 | +12.5% | +7.4% | -0.7% | |
| Q1 2019 | -3.8% | -6.0% | -17.3% | |
| Q4 2018 | +0.6% | -8.5% | -20.4% | |
| Q3 2018 | +2.8% | -6.8% | -7.6% | |
| Q2 2018 | +1.7% | +0.2% | -6.2% | |
| Q1 2018 | +9.8% | +18.9% | +27.6% | |
| Q4 2017 | +7.4% | +9.8% | -0.8% | |
| Q3 2017 | +10.6% | +8.5% | +9.3% | |
| Q2 2017 | -8.7% | -10.6% | -13.6% | |
| Q1 2017 | -2.2% | +0.5% | -3.5% | |
| Q4 2016 | -3.9% | -7.8% | -12.9% | |
| Q3 2016 | +1.8% | +4.7% | +19.0% | |
| Q2 2016 | -3.5% | +6.9% | +5.4% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +11.0% | — | — | |
| Q3 2015 | -2.3% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | -10.4% | — | — | |
| Q4 2014 | +3.2% | — | — | |
| Q3 2014 | +12.0% | — | — | |
| Q2 2014 | -4.1% | — | — | |
| Q1 2014 | -1.4% | — | — | |
| Q4 2013 | +10.6% | — | — | |
| Q3 2013 | -0.8% | — | — | |
| Q2 2013 | -16.4% | — | — | |
| Q1 2013 | +11.6% | — | — | |
| Q4 2012 | +4.7% | — | — | |
| Q3 2012 | +5.5% | — | — | |
| Q2 2012 | +7.5% | — | — | |
| Q1 2011 | -4.0% | — | — | |
| Q1 2012 | +5.1% | — | — | |
| Q4 2009 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q3 2010 | -4.5% | — | — | |
| Q3 2011 | -4.5% | — | — | |
| Q2 2011 | -16.8% | — | — | |
| Q2 2010 | -16.8% | — | — | |
| Q4 2010 | -16.8% | — | — | |
| Q1 2010 | +3.4% | — | — |
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