Orion Engineered Carbons (NYSE:OEC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:35 PM.
Here’s what investors need to know about the announcement.
Earnings
Orion Engineered Carbons beat estimated earnings by 39.62%, reporting an EPS of $0.74 versus an estimate of $0.53.
Revenue was up $16.20 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 9.9% increase in the share price the next day.
Here’s a look at Orion Engineered Carbons’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.56 | 0.62 | 0.52 |
| EPS Actual | 0.26 | 0.57 | 0.58 | 0.57 |
| Revenue Estimate | 441.88M | 502.51M | 494.57M | 455.32M |
| Revenue Actual | 462.10M | 543.10M | 541.20M | 484.50M |
To track all earnings releases for Orion Engineered Carbons visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
